हिंदी

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

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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 १२०]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 55. | पृष्ठ १२०

संबंधित प्रश्न

Primary factors are


Derived factors are ______ and ______.


Entrepreneurship is otherwise called ______.


What are the derived 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?


Define capital.


Explain any three characteristics of capital.


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


What do you understand by ‘changing pattern of land use’? 


Explain any three such changes causing destruction to the ecosystem.


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.


Match the following and select the correct option.

  Factor of Production   Reward of factor of production
(i) Land (A) Wage
(ii) Labour (B) Profit
(iii) Capital (C) Rent
(iv) Entrepreneur (D) Interest

All factors of production are equally mobile.


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:


Define production.


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


Which statement best represents "Capital" in production?


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


Why are all four factors (Land, Labour, Capital, Entrepreneurship) important?


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