Match List - I with List - II and point out the correct answer from the codes below :
|
List – I (Concept) |
List – II (Economist) |
||
|
(a) |
Profit as a dynamic surplus |
(i) |
J. Schumpeter |
|
(b) |
Profit as reward for innovation |
(ii) |
M. Kalecki |
|
(c) |
Profit as reward for uncertainty bearing |
(iii) |
F.H. Knight |
|
(d) |
Profit arise due to monopoly power enjoyed by the producers |
(iv) |
J.B. Clark |
1
(a) - (ii), (b) - (i), (c) - (iii), (d) - (iv)
2
(a) - (iv), (b) - (i), (c) - (iii), (d) - (ii)
3
(a) - (iv), (b) - (ii), (c) - (iii), (d) - (i)
4
More than one of the above
5
None of the above