Multiple Choice
According to the marginal productivity theory of income distribution,if a unit of labor is paid more than a unit of capital,it is because,at the equilibrium quantity of each factor,the value of the _____ product of labor is _____ product of capital.
A) marginal;greater than the marginal
B) marginal;less than the marginal
C) average;greater than the average
D) average;less than the average
Correct Answer:
Verified
Correct Answer:
Verified
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