CBSE Class 12-commerce Answered
Factors of production within the domestic territory
determine domestic factor of income. Justify.
Asked by Topperlearning User | 15 Apr, 2016, 02:30: PM
Expert Answer
When the factors of production such as land, labour, capital and enterprise comes within the domestic territory and the reward for rendering factor services such as wage, rent, interest and profit arises within the domestic territory of a country, it determines the domestic factor of income.
Answered by | 15 Apr, 2016, 04:30: PM
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