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The determination of factor rewards

  • Jack Harvey
Chapter
Part of the Macmillan Master Series book series

Abstract

Factors of production co-operate together to produce the national product. Each of these factors is owned by somebody. How much of the cake each individual obtains depends upon (i) how much of the factors he owns, and (ii) the reward each factor receives.

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Copyright information

© Jack Harvey 1994

Authors and Affiliations

  • Jack Harvey

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