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प्रश्न
______ earns income in the form of profit as a factor of production.
पर्याय
Land
Labour
Capital
Entrepreneur
उत्तर
Entrepreneur earns income in the form of profit as a factor of production.
Explanation:
- The entrepreneur earns income in the form of profit as a factor of production by taking on the risks associated with starting and managing a business.
- Profit is the reward for their innovation, decision-making, and ability to combine other factors of production effectively.
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संबंधित प्रश्न
The income earned by an entrepreneur is residual in nature. Explain.
The entrepreneur is also called
The entrepreneur is also called ______.
Mention any three decision making functions of an entrepreneur.
The picture above shows which factor of production.
Which of the following is not a function of an entrepreneur?
Which is the only factor of production that earns profits? Why?
State two ways through which an entrepreneur contributes towards economic development.
'An entrepreneur is an organiser but an organiser need not be an entrepreneur'. Explain.
Name the factor of production to which uncertainty-bearing belongs.