Which of the following is NOT the assumption of the Marginal Productivity Theory of Distribution?

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Costs And The Supply Of Goods
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50. Which of the following is NOT the
assumption of the Marginal
Productivity Theory of Distribution?
A. O Homogenity of a factor
B. O Perfect competition in the factor
market
C. O All factors, except one, are variable
D. O Given stock of each factor and full
employment
Transcribed Image Text:50. Which of the following is NOT the assumption of the Marginal Productivity Theory of Distribution? A. O Homogenity of a factor B. O Perfect competition in the factor market C. O All factors, except one, are variable D. O Given stock of each factor and full employment
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