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373

Q:

Who was the proponent of the dynamic theory of profit?

  • 1
    Clarke
  • 2
    Schumpeter
  • 3
    Knight
  • 4
    Halli
  • Show Answer
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Answer : 1. "Clarke"
Explanation :

Dynamic theory of profit was advocated by J.B Clark. He stated that profits rise in that of type of economy where the things change. No profits will be generated n the static economy, where everything remains constant.

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