info@avatto.com
+91-9920808017
0. Clark-Wicksteed product exhaustion theorem says that
Given a linearly homogenous production function, the product is exhausted
Total product is exhausted only under laissez-faire
In long-run competitive equilibrium, the total product will be exhausted in rewarding the factors
Total product is exhausted only under conditions of monopoly
Your email address will not be published. Required fields are marked *
Report
Name
Email
Website
Save my name, email, and website in this browser for the next time I comment.
Comment
Login with Facebook
Login with Google
Forgot your password?
Lost your password? Please enter your email address. You will receive mail with link to set new password.
Back to login