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    Microeconomics Study Set 25
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    Exam 19: Factor Markets and the Distribution of Income
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    The Marginal Productivity Theory of Income Distribution Assumes That Factor
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The Marginal Productivity Theory of Income Distribution Assumes That Factor

Question 296

Question 296

Multiple Choice

The marginal productivity theory of income distribution assumes that factor markets are:


A) monopolies.
B) oligopolies.
C) perfectly competitive.
D) allowed to pay only the wages that government approves.

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