GK
BUSINESS ECONOMICS
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Question
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Distribution examines how income is divided between
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producers and resource owners.
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consumers and producers.
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consumers and resource owners.
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producers and economizers.
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Explanation:
Detailed explanation-1: -distribution theory, in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production-land, labour, and capital. Traditionally, economists have studied how the costs of these factors and the size of their return-rent, wages, and profits-are fixed.
Detailed explanation-2: -In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital).
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