Economy, asked by Sarmin0922, 4 months ago

Who developed the Risk- bearing theory of profit ?​

Answers

Answered by renuthakur3333
3

Answer:

F. B. Hawley offered his risk theory of profit in 1893. According to Hawley, risk in business arose from product obsolescence, a sudden fall in prices, superior substitutes, natural calamities, or scarcity of certain crucial materials.

Explanation:

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Answered by vs6338203
1

Explanation:

F. B. Hawley offered his risk theory of profit in 1893. According to Hawley, risk in business arose from product obsolescence, a sudden fall in prices, superior substitutes, natural calamities, or scarcity of certain crucial materials.

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