Mikah invented and patented a new product which sells in local department stores. This is an example of _____ income.

a. capital gains
b. earned
c. hourly
d. passive
e. Please select the best answer from the choices provided A B C D

Respuesta :

Passive income because after you have patented the new product your are doing basically nothing. You will just gain money from people who spends on your product.

This is an example of passive income.

With Passive income, an individual becomes richer. It's simply how one detach your ability to earn from the limited time that you have in a day.

Passive income ioften produce a regular stream of income without an individual having to do a lot of work to get it.

Investing is a great way to generate passive income, but only if the assets you own pay dividends or interest.

Conclusively, passive income is vit as it creates stability, security, and freedom in your financial life.

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