Demand and Supply MCQs

With which of the theories of wages is the name of John Stuart Mill associated?

September 27, 2022

4 Views

With which of the theories of wages is the name of John Stuart Mill associated?

Q. With which of the theories of wages is the name of John Stuart Mill associated?

A. Marginal productivity theory of wages

B. Wages-fund theory

C. Subsistence theory of wages

D. Iron law of wages

Answer: Wages-fund theory

With which of the theories of wages is the name of John Stuart Mill associated?

Previous

Which form of market structure is characterised by interdependence in decision-making as between the different competing firms?

With which of the theories of wages is the name of John Stuart Mill associated?

Next

Which one of the following is not the assumption of the Marginal Productivity Theory of Distribution?

Tags: Demand and Supply MCQs

Related Articles

The term 'normal profit' as used in the analysis of equilibrium of the firm under perfect competition, refers to

The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to

According to Joseph Schumpeter, profit is the reward for

According to Joseph Schumpeter, profit is the reward for

Who argued that pure profit can arise only in a dynamic economy?

Who argued that pure profit can arise only in a dynamic economy?

The classical theory explained interest as a reward for

The classical theory explained interest as a reward for

We will be happy to hear your thoughts

Leave a reply Cancel reply