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We measure a person's productive contribution in a market system by the marginal factor cost theory of the firm. the profit maximization theory of the
We measure a person's productive contribution in a market system by the marginal factor cost theory of the firm. the profit maximization theory of the firm. the marginal revenue product theory of wage determination. the egalitarian theory of wage determination
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Managerial Economics Markets and the Firm
Authors: William Boyes
2nd edition
618988629, 978-0618988624
