Tag: land

Quizzes (5) Questions (182)

Questions Related to land

Multiple choice economics how does production take place? land land,labour, capital and entrepreneur production mechanism

An entrepreneur takes the responsibility of _________.

  1. production

  2. supply of a production

  3. management

  4. organisation
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

An entrepreneur uses his skill and knowledge to run an organization and thus, he takes the responsibility of the whole organization in order to ensure the smooth functioning of the organization.