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 १२०]

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

संबंधित प्रश्‍न

Primary factors are


Derived factors are ______ and ______.


What are the factors of production?


Entrepreneurship is otherwise called ______.


What are the primary factors of production?


What are the derived factors of production?


______ are called factors of production.


The factors for production are ______, ______, ______.


Which factor of production is not a hired factor?


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


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.


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?


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.


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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