In which of the following pairs of terms are both items incomes earned for factors of production? a. wages and interest.
b. rent and loans.
c. wages and resources.

a. wages and interest.

Explanation:

There are four factors of production being land, labor, capital and entrepreneurship.

The income earned from labor is called a wage. Wages are paid as remuneration to the labor (people) involved in the production of goods and services.

The income earned from capital is known as interest. The company pays interest to be able to use capital provided by others to enable it engage in the production of goods and services.

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