Differences in the attractiveness of different types of jobs resulting in differences in wages are not consistent with the marginal productivity theory of income distribution.

Question

Quizplus · Accepted Answer

The marginal productivity theory of income distribution states that wages are determined by the marginal productivity of labor, which varies based on the skills and abilities of the worker, as well as the demand for their output. However, differences in the attractiveness of different types of jobs can also affect wages. Therefore, the statement is false.

Differences in the Attractiveness of Different Types of Jobs Resulting