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Marginal productivity theory

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Marginal productivity theory implies that in a perfectly competitive market economy, a worker will receive income;Witch out of the following choices (A,B,C, or D) is the correct choice?;A. equal to the value of her marginal contribution to the production process.;B. that is less than the value of her marginal contribution to the production process.;C. that is greater than the value of her marginal contribution to production process.;D. more, less or equal to the value of her marginal contribution to the production process, depending on her ability to negotiate with employers.

 

Paper#24244 | Written in 18-Jul-2015

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