Clark-Wicksteed product exhaustion theorem says that
| A. | Given a linearly homogenous production function, the product is exhausted |
| B. | Total product is exhausted only under laissez-faire |
| C. | In long-run competitive equilibrium, the total product will be exhausted in rewarding the factors |
| D. | Total product is exhausted only under conditions of monopoly |
Answer : A Explanation : |
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