मराठी

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

Advertisements
Advertisements

प्रश्न

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

पर्याय

  • contractual income

  • residual income

  • constant income

  • positive income

MCQ
रिकाम्या जागा भरा
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
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 4: Factors of Production - QUESTIONS [पृष्ठ ११२]

APPEARS IN

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

संबंधित प्रश्‍न

Derived factors are ______ and ______.


What are the factors of production?


What are the primary factors of production?


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 factor of production is not a hired factor?


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


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


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'?


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


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.


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.


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.


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