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An entrepreneur's income can be negative. - Economic Applications

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प्रश्न

An entrepreneur's income can be negative.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

This statement is True.

Explanation:

An entrepreneur's income can indeed be negative if the business incurs losses. Unlike employees who typically receive a fixed salary, entrepreneurs' incomes depend on the profitability of their ventures. If a business's expenses exceed its revenues, the entrepreneur may earn nothing and lose money, resulting in a negative income.

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Functions of an Entrepreneur
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ १११]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 29. | पृष्ठ १११
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