History, asked by majorsinghnahal123, 3 months ago

if wage is the reward of labour then which one of the following is a reward of entrepreneur ​

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Answered by Anonymous
1

The purpose of an entrepreneur to start an enterprise is to manufacture a new product or start a service for the use of the potential consumer. If the product or service attains a salable state and the consumer accepts it, then the entrepreneur is motivated by reward in terms of profit.

So the Profit is the Reward of Entrepreneurs.

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