Multiple Choice
Which of the following is not a theory of the source of profit as discussed in the textbook?
A) Uncertainty is a source of profits.
B) Profit is the reward for alertness to arbitrage opportunities.
C) Profit is the return to the entrepreneur as innovator.
D) Profit is the return to those who are fortunate enough to own resources.
Correct Answer:
Verified
Correct Answer:
Verified
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