Vidyalelo
Commerce · Q199

Economics

Graduate and Post Graduate · Commerce · question 199

Q199

Profits are

A.
Residual payment
Answer
B.
Pre-determined
C.
Fixed contract
D.
Always higher than wages

Answer: Option A

Solution

Answer: Option A
Solution:
Profits are Residual payment. Residual payments are most often associated with the entertainment industry, since movies and music can generate revenues long after they are originally released.