हिंदी

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

Advertisements
Advertisements

प्रश्न

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

विकल्प

  • contractual income

  • residual income

  • constant income

  • positive income

MCQ
रिक्त स्थान भरें
Advertisements

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.
shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ १२०]

APPEARS IN

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 primary factors of production?


Which factor of production is not a hired factor?


Mention two differences between an entrepreneur and other factors of production.


Explain complex division of labour with the help of an example.


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.


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

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:


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?


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?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×