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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 47

What problem can occur if an entrepreneur produces a lot without market demand?

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Answer and explanation

Correct answer: Resources and money may get stuck

Producing more without knowing demand is risky. In exams, remember market study before production.

Tags

market demandoverproductionrisk

Frequently asked questions

What is the correct answer to this question?

Resources and money may get stuck

Why is this the correct answer?

Producing more without knowing demand is risky. In exams, remember market study before production.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.

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