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In what form do households receive income from labor within a resource market?
O interest
O rent
Oprofit
O wages

Respuesta :

AnsulDangi

Answer:

Households sell land, labor, capital, and entrepreneurial activity in exchange for money, which in this case is called income. ... Businesses exchange the revenue earned in the market for goods and services to buy land, labor and capital in the market for resources.

anthougo

In a resource market, households' income is known as D. wages.

  • A resource market is the market where businesses purchase resources (labor, capital, and materials) from other businesses or households in order to produce further goods. When the resources are converted into goods and services, the businesses make an income called a profit.

  • The income from labor is wages.  It is not A. interest, B. rent, or C. profit.  The resource market is not like the product market, where goods produced using resources are sold.  It is not like the financial market, where financial assets are bought and sold.

Thus, the correct option, which describes the income from labor, is D. wages.

Read more about the resource market at https://brainly.com/question/14958174

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