Asked by a
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
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
D
This is passive income — earnings (e.g., royalties) from ownership of a patent/product rather than wages for hourly or salaried work.
This is passive income — earnings (e.g., royalties) from ownership of a patent/product rather than wages for hourly or salaried work.
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