Economics · Labor Economics
According to economic theory, exploitation of labor is said to exist when the wage rate is:
- 1Equal to the Average Revenue Product
- 2Less than the Marginal Revenue Product✓
- 3Greater than the Marginal Revenue Product
- 4Equal to the Marginal Revenue Product
Correct answer
Less than the Marginal Revenue Product
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Labor Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Labor Economics