Solved

The Marginal Productivity Theory of Income Distribution Says That

Question 154

Multiple Choice

The marginal productivity theory of income distribution says that:


A) each factor is paid the equilibrium value of the output generated by the last unit of that factor employed in the factor market as a whole.
B) each factor is paid an amount greater than the value of the output generated by the last unit of that factor employed in the factor market as a whole.
C) each factor is paid an amount less than the value of the output generated by the last unit of that factor employed in the factor market as a whole.
D) the payment to each factor does not correspond to the marginal product of the factor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions