Which of the Following Is Not a Theory of the Source

question 197

Multiple Choice

Which of the following is not a theory of the source of profit as discussed in the textbook?

• A)Uncertainty is a source of profits.
• B)Profit is the reward for alertness to arbitrage opportunities.
• C)Profit is the return to the entrepreneur as innovator.
• D)Profit is the return to those who are fortunate enough to own resources.

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Definitions:

Radical Republicans

A faction within the Republican Party during and after the American Civil War, famous for their strong opposition to slavery and their effort to secure rights for freed slaves.

Fort Pillow

The site of the Fort Pillow massacre during the American Civil War, where Confederate forces killed numerous African American Union soldiers after they had surrendered.

Confederate Army

The military land forces of the Confederate States of America during the American Civil War, fighting against the Union.