Economics · Theory of Distribution

Which of the following economic theories was propounded by J.B. Clark?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Wage Fund Theory
2Marginal Productivity Theory of Wages✓
3Standard of Living Theory of Wages
4Subsistence Theory of Wages

Correct answer

Marginal Productivity Theory of Wages

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Which of the following economic theories was propounded by J.B. Clark?

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