Match the following theories of profit with their propounders
|
Theory |
|
Propounder |
|
|
(a) |
Profit as Rent of Ability |
(i) |
F.B. Hawley |
|
(b) |
Dynamic Theory of Profit |
(ii) |
Joseph A Schumpeter |
|
(c) |
Risk Theory of Profit |
(iii) |
J.B. Clark |
|
d) |
Innovation Theory of Profit |
(iv) |
F.A. Walkar |
Choose the correct option from those given below
1
(a) - (iv), (b) - (ii), (c) - (iii), (d) - (i)
2
(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
3
(a) - (iv), (b) - (iii), (c) - (i), (d) - (ii)
4
(a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)