PPT-1. How factors of production—resources like land, labor, and both physical and human

2 How the demand for factors leads to the marginal productivity theory of income distribution 3 An understanding of the sources of wage disparities and the role

marginal labor income factor labor marginal factor income wage product rate distribution workers capital productivity quantity 000 production market

Presentation Embed Code

<iframe width="560" height="315" src="https://www.docslides.com/embed/719248" frameborder="0" allowfullscreen></iframe>

Download Presentation

Download Presentation The PPT/PDF document "1. How factors of production—resources..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.