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प्रश्न
Mention two differences between an entrepreneur and other factors of production.
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उत्तर
- Human capital engages other factors of production such as land, labor, and capital, but the entrepreneur is not engaged by other factors of production.
- The entrepreneur assembles all factors of production and puts forth a new business idea to generate profits, whereas other factors of production receive compensation for their productive services by contributing to the entrepreneur's idea.
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Factors of Production
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