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(3) b) Suppose that a = 0.3, b = 0.7 . If factors are paid their marginal products, what is the share of income received
(3) b) Suppose that a = 0.3, b = 0.7 . If factors are paid their marginal products, what is the share of income received by capital and labour, respectively? Show your result and explain
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
