Why is each of the following incorrect State the correct proposition a Marginal revenue product is calculated as total revenue earned per worker b Distribution theory is simple You simply figure out how much each factor produces and then give the factor its share of output c Under competition, work...

a Average product is output per worker marginal product is the addition t ...

Why is each of the following incorrect? State the correct proposition. a. Marginal revenue product is calculated

Question:

Why is each of the following incorrect? State the correct proposition.
a. Marginal revenue product is calculated as total revenue earned per worker.
b. theory is simple. You simply figure out how much each factor produces and then give the factor its share of output.
c. Under competition, workers get paid the total output produced minus the costs of raw materials.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...