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Q. |
Who propounded Dynamic Theory of profit? |
A. | Clark |
B. | Schumpeter |
C. | Knight |
D. | Hawly |
Answer» A. Clark | |
Explanation: Dynamic Theory of Profit is associated with the name of an American Economist J. B. Clark. In the world of reality, according to J. B. Clark profit arises only in a dynamic economy. |
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