F. A. Walker believes that profit is?
O recognition of dynamic entrepreneurship difference between the earnings of
O the least and the most efficient entrepreneurs
O residual return to uncertainty bearing
O due to the monopoly power
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Walker's Theory of Profit, also called as a Rent Theory of profit was propounded by F.A. Walker, who believed that profit is regarded as a rent of differential ability that an entrepreneur may possess over the others. ... The rise in the profits could also be due to the entrepreneur's monopoly in the market.
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