Arrange the following theories of Profit in order of time when these were propounded from oldest to latest -

A. Hawley's Risk Theory of profit

B. Walker's Theory of Profit: Profit as Rent of Ability

C. Clerk's Dynamic Theory of Profit

D. Schumpeter's Innovation Theory of Profit

E. Knight's Theory of Profit

Choose the correct answer from the options given below:

1
A, C, D, B, E
2
B, C, A, D, E
3
E, B, C, D, A
4
B, C, A, E, D

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