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Which reward is received for enterprise services?

Answer and explanation

Correct answer: Profit

Entrepreneurship is the factor that organises other factors, makes production decisions, bears uncertainty and accepts business risk. The reward for providing these enterprise services is profit. Wages are the reward for labour, rent for land, and interest for capital. Therefore, option C is correct because profit corresponds to entrepreneurship.

Related tags

National IncomeCircular FlowEntrepreneurshipProfitGdp And WelfareNational Income And Related AggregatesEconomicsClass 11 Mcq

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