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Which factor of production is not a hired factor? - Economic Applications

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प्रश्न

Which factor of production is not a hired factor?

विकल्प

  • Land

  • Labour

  • Capital

  • Entrepreneur

MCQ

उत्तर

Entrepreneur

Explanation:

The characteristic that sets entrepreneurs apart from other production factors is that, unlike land, labor, and capital, which are all hired factors, entrepreneurs themselves are not hired. Instead, entrepreneurs hire other factors of production.

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Factors of Production
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ ११२]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 54. | पृष्ठ ११२
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