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Title: A person buys X in one market and combines it with Y purchased in another market. The combination of ... Post by: pixiedust7891 on Oct 1, 2023 A person buys X in one market and combines it with Y purchased in another market. The combination of X and Y gives Z, which the person sells in a third market for a higher price than the sum of the prices of X and Y. Which theory of profit is most consistent with this example? ▸ Profit is the return to being alert to an arbitrage (broadly defined) opportunity. ▸ Uncertainty is the source of profit. ▸ Profit is the return to the entrepreneur as innovator. ▸ none of the above Title: Re: A person buys X in one market and combines it with Y purchased in another market. The combination of ... Post by: munjoj on Oct 1, 2023 Content hidden
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