मराठी

Why is the income of an entrepreneur residual in nature?

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प्रश्न

Why is the income of an entrepreneur residual in nature?

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उत्तर

An entrepreneur earns a profit with his innovative ideas, efficiencies and willingness to take risks. However, the income of the entrepreneur is residual in nature. The entrepreneur gains profit or some income only after making payments on these factors.

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पाठ 1: Factors of Production - Long Answer Type Questions [पृष्ठ ३६]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
Long Answer Type Questions | Q 15. (ii) (a) | पृष्ठ ३६
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