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Which of the following is NOT the assumption of the Marginal Productivity Theory of Distribution?

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Which of the following is NOT the assumption of the Marginal Productivity Theory of Distribution?
  • AHomogenity of a factor
  • BPerfect competition in the factor market
  • CAll factors, except one, are variable
  • DGiven stock of each factor and full employment
Correct answer: C

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CCommunity
All factors, except one, are variable

All factors, except one, are variable is NOT the assumption of the Marginal Productivity Theory of Distribution.