|
Title: Marginal productivity theory states that Post by: bluejean on Oct 1, 2023 Marginal productivity theory states that ▸ firms in price searcher product markets pay factors their marginal factor cost. ▸ firms in perfect factor markets pay factors their equilibrium wages. ▸ firms that are more productive, earn higher profits. ▸ firms in perfect product and factor markets pay factors their marginal revenue products. ▸ none of the above Title: Re: Marginal productivity theory states that Post by: HCho0 on Oct 1, 2023 Content hidden
|