Asked by julie
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
All Answers 1
Answered by
GPT-5 mini
AI
d. passive
Income from a patented product that generates sales or royalties without continuous active work is considered passive income.
Income from a patented product that generates sales or royalties without continuous active work is considered passive income.
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