Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business, this is called the "value-added" approach.
There is a correct theory called marginal productivity theory. Wages are paid at a level equal to the marginal revenue product of labor, the MRP (value of the marginal product of labor). MRP is the increase in income caused by the increase in output produced by the last employed worker.
The marginal productivity theory of income distribution proposes that each individual should receive income based on their contribution to total output. The marginal productivity theory of income distribution has been criticized for the following reasons. Income from inheritance is inconsistent with the theory.
Learn more about Marginal revenue here: brainly.com/question/13617399
#SPJ4
Nothing really just the header moves where ever you move it to lol
Go to the stock market holders, or look it up online
Hope this helps!
Answer:The answer is passbook
Explanation:
savings Account is the most common form of bank account for the low income earners, The main objective of savings account is to encourage people to form a habit of savings. This type of bank account is operated with the use of passbook and interest is paid to the owners of this account. The amount used in opening a savings account vary from banks to banks, the interest payable on the account to owners of the account also varies from banks to banks.
This account has two maximum number of times in a month that the owners can withdraw money from the account, if withdrawals are more than twice in a month, it means the owners is operating it like current account and will therefore not attract any interest in that month.The interest on this type of account is calculated either monthly,quarterly, or yearly.
Answer:
External finance needed = $2,088
Explanation:
Note: See the attached excel file for the Calculation of ratios with respect to sales, Proforma Income Statement, Calculation of Retained Earnings and Equity, and Proforma Balance Sheet.
From the Proforma Balance Sheet in the attached excel file, we have:
Total Assets = $12,610
Total Liabilities = $10,448
Therefore, we have:
External finance needed = Total Assets - Total Liabilities = = $12,610 - $10,448 = $2,088