A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2009 · Q301 Mark
Tom has set up his own business, which is based in premises owned by Fanda. All machinery is hired from an equipment company. Both Tom and Fanda are employed in the business. What describes the earnings of Tom and Fanda? [Table]
Arent and profit, interest and profit
Bwages and profit, wages and rent
Cinterest and rent, rent and profit
Dwages and interest, wages and interest
✓ Correct answer
B: wages and profit, wages and rent
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