Which Is Not a Criticism of the Marginal Productivity Theory

question 60

Multiple Choice

Which is not a criticism of the marginal productivity theory of distribution?

• A)It assumes that the existing distribution of ownership factors is fair and just when it may not be.
• B)It does not tell us much about real policy matters.
• C)A factor's MRP does not in any way correspond to productive effort.
• D)It is inconsistent with most empirical observations.

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Definitions:

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