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marginal-productivity theory of wages [1 record]

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Record 1 1981-01-21

English

Subject field(s)
  • Remuneration (Personnel Management)
  • Laws of the Market (Economy)
OBS

Before summarizing the marginal-productivity theory of wages, let us appreciate J.B. Clark's advance over such classical economists as David Ricardo (...) Marginal productivities provide the clue to competitive pricing of factor inputs - of labor or of skilled and unskilled labor, of each grade of land (...), and of other inputs.

French

Domaine(s)
  • Rémunération (Gestion du personnel)
  • Lois du marché (Économie)

Spanish

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