Top 7 Theories of Profit (With Criticisms)
The following points highlight the top seven theories of profit. The theories are: 1. Rent Theory of Profit 2. Wage Theory of Profit 3. Risk Theory of Profit 4. The Dynamic Theory of Profit 5. Schumpeter's Innovation Theory 6. Uncertainty Bearing Theory of Profit 7. Marginal Productivity Theory of Profit. Theory # 1. Rent Theory of Profit: This theory was [...]