हिंदी

The reward of an entrepreneur is in the nature of ______. - Economic Applications

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प्रश्न

The reward of an entrepreneur is in the nature of ______.

विकल्प

  • contractual income

  • residual income

  • constant income

  • positive income

MCQ
रिक्त स्थान भरें
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उत्तर

The reward of an entrepreneur is in the nature of residual income.

Explanation:

Profits are how an entrepreneur makes their living. An entrepreneur receives profit after deducting all production expenses or paying the hired factors of production.
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अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ ११२]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 55. | पृष्ठ ११२

संबंधित प्रश्न

What are the factors of production?


Entrepreneurship is otherwise called ______.


What are the primary factors of production?


______ are called factors of production.


The factors for production are ______, ______, ______.


Use of high yielding variety of seeds of related to productivity of ______.


Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?


What do you mean by 'innovative ability' of an entrepreneur?


Define capital.


Explain any three characteristics of capital.


What do you understand by the term 'Capital formation'?


Explain any three factors which affect capital formation.


The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.


Identify the factors of production of the following case and differentiate between them.

An active and passive factor of production.


Which of the following is not a correct match?


Name the factors of production.


Tick the one which does not belong to the following group.


All factors of production are equally mobile.


Match the following:

Column I Column II
1. Factors of production P. Human resources
2. Land Q. Man-made resources
3. Capital R. Economic resources
4. Entrepreneur S. Natural resources

Choose the correct alternative:


Match the following:

Factor of Production Characteristic
A. Land (i) Subject to depreciation
B. Mannual labour (ii) Risk and Bearing
C. Capital (iii) Permanent
D. Entrepreneur (iv) Involves physical work

Choose the correct alternative:


Why is capital called a 'produced means of Production?


Define production.


Which of the following is an example of "Land" as a factor of production?


What does "Labour" refer to in the context of production?


Who is called an "Entrepreneur" in the factors of production?


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