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If X represents the factors of production and Y represent the factor price, whic...


Question

If X represents the factors of production and Y represent the factor price, which of the following sets of association is correct?

Options

A)
(land, rent) (capital, wage), (labour, profit)
B)
(land, interest) (capital,profit), (labour, wage)
C)
(land, wage), (capital, interest), (labour, rent)
D)
(land,rent), (capital, interest), (labour, wage)

The correct answer is D.


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