_____6. What explains the profit rate for Marshall? _____7. For Marshall, which of the following is not part of the norm
Posted: Thu May 19, 2022 9:02 am
_____6. What explains the profit
rate for Marshall?
_____7. For Marshall, which of the following is not part of the
normal profit rate?
_____8. What explains the wage rate, for Marshall?
a) The training and skill workers bring to the job.
b) The real subjective cost of working.
c) The satisfaction lost from leisure foregone.
d) The derived demand for labor, depending on consumer
preferences.
e) All of the above.
rate for Marshall?
_____7. For Marshall, which of the following is not part of the
normal profit rate?
_____8. What explains the wage rate, for Marshall?
a) The training and skill workers bring to the job.
b) The real subjective cost of working.
c) The satisfaction lost from leisure foregone.
d) The derived demand for labor, depending on consumer
preferences.
e) All of the above.