Question 1
In the context of economic flow, what do firms provide to households in exchange for labour?
Services
Capital
Wages
Goods
In the context of economic flow, what do firms provide to households in exchange for labour?
Services
Capital
Wages
Goods
Correct answer
Wages
Question 1 of 25 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 22 Dec 2024, in the September 2024 term (IIT M FOUNDATION DIPLOMA AN EXAM QDF3 22 Dec 2024). It carries 1 mark.