ZIMSEC A-Level Economics
6.1Rewards for factors of production
Rewards for factors of production in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic45 practice questions2 lessons
Learning objectives
What the syllabus expects you to be able to do.
- 6.1.1Explain the rewards to the factors of production: rent, wages, interest and profit.
- 6.1.2Distinguish between economic rent, quasi-rent and transfer earnings.
Lessons
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Economic rent, transfer earnings and quasi-rent
50 min
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Rent, wages, interest and profit: the rewards to the factors of production
45 min
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Sample question
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Turn Rewards for factors of production into a strength.
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