Economics · Theories of Profit
Match the specific Theories of Profits in LIST-I with their corresponding foundational arguments in LIST-II. LIST-I (Theory of Profit) A. Rent Theory B. Risk and Uncertainty Theory C. Innovation and Monopoly Theory D. Dynamic Competition Theory LIST-II (Foundational Argument) I. Compensation for successful predictions in an unpredictable market. II. Profits gained by adapting to shifting conditions faster than rivals. III. Economic returns to a unique factor of production in fixed supply. IV. Gains from creating unique products and holding temporary market power. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-IV, B-II, C-III, D-I
- 2A-III, B-I, C-IV, D-II✓
- 3A-III, B-IV, C-I, D-II
- 4A-I, B-III, C-II, D-IV
Correct answer
A-III, B-I, C-IV, D-II
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