Advertisements
Advertisements
प्रश्न
Labour earns ______ as a factor of production.
पर्याय
Interest
Wages
Rent
Interest
MCQ
रिकाम्या जागा भरा
उत्तर
Labour earns wages as a factor of production.
Explanation:
- Labour earns wages as a factor of production, which is the payment made to workers for their services and effort in the production process.
- Wages compensate labourers for their time and skills contributed to creating goods and services.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
APPEARS IN
संबंधित प्रश्न
Define the term labour as a factor of production.
Explain three causes of low efficiency of labour in India.
State whether the following statement is true or false.
Labour is a perishable factor of production.
______ is more perishable than other factors of production.
Indian farmers are an example of ______ type of labour.
Advantage of division of labour to the workers.
When production of goods is divided into several processes, it is known as ______.
How does division of labour help in production?
Define 'efficiency of labour'.
Division of labour is not an unmixed blessing. Give one reason.
