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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© 1994 Jack Harvey
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Harvey, J. (1994). The determination of factor rewards. In: Mastering Economics. Macmillan Master Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13504-2_9
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DOI: https://doi.org/10.1007/978-1-349-13504-2_9
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-61703-8
Online ISBN: 978-1-349-13504-2
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