The Marginal Productivity Principle Does Not

question 94

Multiple Choice

The marginal productivity principle does not

• A)assign higher prices to scarcer resources.
• B)create incentives for firms to discriminate..
• C)guide firms to use society's resources efficiently.
• D)distribute incomes unequally among society.

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Definitions:

Cultural Melting Pot

A metaphor for a society where many different types of people blend together as one, often losing their original cultural identities.

Distinct

Clearly different or set apart in quality or characteristics from others.

Cultural Adaptation

The process through which individuals or groups adjust to and integrate new cultural practices, norms, and values into their lives.

Environmental Pressures

External forces in the environment that can affect the survival and development of an organism or organization.