Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days
8104911739
For Business Enquiry

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

Factors of production within the domestic territory determine domestic factor of income. Justify.

Asked by Topperlearning User 15th April 2016, 2:30 PM
Answered by 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 Expert 15th April 2016, 4:30 PM
Rate this answer
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

You have rated this answer /10

Your answer has been posted successfully!

Chat with us on WhatsApp