According to marginal productivity theory, a factor of production will be paid based on
Chapter 0, Problem 21(choose chapter or problem)
According to marginal productivity theory, a factor of production will be paid based on the a. increase in revenue generated by the last unit of the factor employed in the market. b. increase in output generated by the last unit of the factor employed in the market. c. average revenue generated by the factor of production employed in the market. d. average output generated by the factor of production employed in the market. e. average revenue generated by all factors of production employed in the market.
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