Home » Demand and Supply MCQs » Who argued that pure profit can arise only in a dynamic economy? Demand and Supply MCQs Who argued that pure profit can arise only in a dynamic economy? September 27, 2022 22 Views Q. Who argued that pure profit can arise only in a dynamic economy?F.H. KnightJ.B. ClarkBohm BawerkAlfred MarshallAnswer: J.B. Clark
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to