Q120
Which of the following is NOT the assumption of the Marginal Productivity Theory of Distribution?
A.
Homogenity of a factor
B.
Perfect competition in the factor market
C.
All factors, except one, are variable
AnswerD.
Given stock of each factor and full employment
Answer: Option C
Solution
Answer: Option C
Solution:
All factors, except one, are variable is NOT the assumption of the Marginal Productivity Theory of Distribution.