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

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User Alfrekjv
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Answer: Correct answer is Passive income

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User VHao
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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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User Perigrin
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