Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 25RQ: In choosing a production technology, how will firms react if one input becomes relatively more...
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![36. According to Joseph Schumpeter,
profit is the reward for
A. O Innovation
B. O Uncertainty-bearing
C.
Risk-taking
D. O Management](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F697e62bc-41a5-4c4c-8800-31eb65623503%2F334daa12-a4d9-4a92-9da4-215eb9f31e54%2Fpeeutf8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:36. According to Joseph Schumpeter,
profit is the reward for
A. O Innovation
B. O Uncertainty-bearing
C.
Risk-taking
D. O Management
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