Economics · Theories of Distribution

Joan Robinson emphasized that under imperfect competition, the profit rate depends mainly on the:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Labour participation rate
2Rate of technological progress
3Degree of monopoly power✓
4Marginal productivity of capital

Correct answer

Degree of monopoly power

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Joan Robinson emphasized that under imperfect competition, the profit rate depends mainly on the:

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