Question:
What is the remuneration of land called?
What is the remuneration of land called?
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In economics, land is considered one of the factors of production, and its payment is called "Rent."
Updated On: Oct 28, 2025
- Interest
- Wages
- Profit
- Rent
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The Correct Option is D
Solution and Explanation
The remuneration or payment for land is called "Rent." It is one of the primary factors of production in economics.
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