मराठी

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 ______.

पर्याय

  • contractual income

  • residual income

  • constant income

  • positive income

MCQ
रिकाम्या जागा भरा
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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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पाठ 4: Factors of Production - QUESTIONS [पृष्ठ ११२]

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

संबंधित प्रश्‍न

Primary factors are


Derived factors are ______ and ______.


Entrepreneurship is otherwise called ______.


What are the derived factors of production?


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Which factor of production is not a hired factor?


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


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


Explain any three factors which affect capital formation.


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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.


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?


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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