Incorrect Match – Factor of Production and Its Reward
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Question (English)
Which of the following pair (factor of production and its reward) is NOT correctly matched?
- Labour: Labourer ✓ Correct
- Land: Rent
- Capital: Interest
- Enterprise: Profit
Explanation:
Correct Answer: Labour: Labourer (this is INCORRECT — hence the right answer to this question)
The reward for Labour is Wages, NOT 'Labourer'. 'Labourer' is the person who provides labour, not the reward for it. This makes 'Labour: Labourer' the incorrectly matched pair.
Correct Factor–Reward Pairs
- Land → Rent
- Labour → Wages (NOT 'Labourer')
- Capital → Interest
- Enterprise → Profit
Memory Aid
- Land-LORD collects RENT → Land: Rent
- LABOUR gets WAGES (salary) → Labour: Wages
- CAPITAL in bank earns INTEREST → Capital: Interest
- ENTREPRENEUR/ENTERPRISE earns PROFIT → Enterprise: Profit
📚 About this Topic — Animal Refresher
This multiple choice question is from Animal Refresher, Veterinary Extension Education. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from Animal Refresher to strengthen your preparation.
