Profit is the child as well as victim of economic development.” Explain the innovation theory of profit in light of above statement. Why does profit appear to disappear in the course of economic development? Please answer it in detail as we are required to give answer in descriptive type in assignment . Please answer it within 20-30 minutes . Urgent
Profit is the child as well as victim of economic development.” Explain the innovation theory of profit in light of above statement. Why does profit appear to disappear in the course of economic development? Please answer it in detail as we are required to give answer in descriptive type in assignment . Please answer it within 20-30 minutes . Urgent
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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“Profit is the child as well as victim of economic development.” Explain the innovation
theory of profit in light of above statement. Why does profit appear to disappear in the
course of economic development?
Please answer it in detail as we are required to give answer in descriptive type in assignment .
Please answer it within 20-30 minutes . Urgent
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