Name the form in which the entrepreneur makes the payments to other factors of production. What does he himself get for bearing risks and uncertainties.

Nikita Chetry
Latest Answer: 1 month ago
In: Commerce

Name the form in which the entrepreneur makes the payments to other factors of production. What does he himself get for bearing risks and uncertainties.

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1 Answers

Answered By Anita Sahani
Answer: 1 month ago

The entrepreneur pays wages to labourers, rent to the landlords and interest to the of capital.He himself gets profit (which is uncertain) for bearing risks and uncertainties. Read More

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