The Marginal Productivity Theory of Distribution Holds That

question 29

Multiple Choice

The marginal productivity theory of distribution holds that

• A)each factor is paid what it deserves.
• B)the owner of each factor is paid the amount that the factor contributes to earnings.
• C)each factor's income depends on how hard it works.
• D)each factor receives an equal share of the revenue from production.

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Definitions:

Lanham Act

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Athlete's Foot Powder

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First-To-Invent Rule

A patent law principle stating that the right to a patent for an invention goes to the first person to invent it, not necessarily the first to file a patent application.

Copyright

A form of intellectual property protection granted by law to the creators of original works of authorship, including literary, dramatic, musical, and certain other intellectual works.