Question: ar 1 5 mi 1 4 t . 1 6 . 0 8 5 a . Profit is the reward for alertness to arbitrage opportunities.
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a Profit is the reward for alertness to arbitrage opportunities.
b Profit is the return to the entrepreneur as innovator.
c Uncertainty is a source of profits.
d Sometimes all that it takes is to be in the right place at the right time.
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