Economics · Theories of Profit
Who gave the idea that 'Profit is the reward for bearing non-insurable risk'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1F.H. Knight✓
- 2F.B. Hawley
- 3J.A. Schumpeter
- 4J.B. Clark
Correct answer
F.H. Knight
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