Risk bearing Theory of Profit || Class 12 Economics Chapter 5 in Nepali || Theory of Factor Pricing
Автор: Gurubaa
Загружено: 2022-05-18
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This new video is for class 12 Economics from Chapter 5 titled “Theory of Factor Pricing” where we have explained Risk bearing Theory of Profit which was propounded by American economics Hawley. According to him, entrepreneur's profit depends on his risk-taking behavior. In simple words, higher the risk results higher will be the profit and vice versa. We have also discussed the theory with criticism.
In this chapter, we have to study other various theories like:
a) Ricardian Theory of Rent
b) Subsistence Theory of Wage
c) Wage Fund Theory
d) Classical Theory of Rent
e) Risk Bearing Theory of Rent
f) Uncertainty Bearing Theory of Rent
#theoryofprofit #class12economics #economics
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