Free account: track your progress — Sign up free

JSCE Pre Vocational Study 2024 Objective — Question 7

Question 7 of 92 from the Junior Secondary Certificate Examination (JSCE) Pre Vocational Study 2024 Objective paper, with the correct answer and a full explanation.

Advertisement

Which of the following is true about an entrepreneur as a factor of production? He ______

  • A. is involved in decision makingCorrect
  • B. receives reward in form of rent
  • C. is paid based on man hour
  • D. converts natural resources to products

Explanation

The entrepreneur organises production and makes the decisions.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.