Ryangrosser1998 Ryangrosser1998
  • 17-12-2017
  • Mathematics
contestada

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

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stunnababby stunnababby
  • 25-10-2018

Answer: Correct answer is Passive income

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chisnau chisnau
  • 19-03-2019

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

Passive income can be defined as that money which is earned with minimum  activity and require little daily effort on the individual's part. Like here in the question, Mikah invented and patented his own product. Other ideas of passive income include like- creating your app, designing t shirts etc.

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