Question 6 (1 point) re paid according to the contribution of the last What theo

Question

Question 6 (1 point) re paid according to the contribution of the last What theory concludes th input hired (that is, purchased by the firm)? at factor inputs (for instance, workers) a a. Marx's theory of capital b. Feminist economic theory c. The marginal productivity theory of distribution d. None of the above Question 7 (1 point) According to the lectures, the US economy is currently in.. a. The handicraft era b. Managerial capitalism c. Money manager capitalism d. Industrial capitalism e. Corporate capitalism

Explanation / Answer

6> c

Since it involves the last output, it means how much cost, revenue or profit it earns by having one additional input.

7> e

Corporate capitalism is a term used in social science and economics to describe a capitalist marketplace characterized by the dominance of hierarchical, bureaucratic corporations. A large proportion of the economy of the United States and its labour market falls within corporate control.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.