Economy, asked by arshnoorvirdi018, 10 months ago

features of lewis theory

Answers

Answered by InstaPrince

Explanation:

Lewis theory of unlimited supply can be explained in the following diagram. ... The supply of labour is unlimited, as shown by the horizontal supply curve of labour WW. At the start when OE1 labour is employed in the capitalist sector, its marginal productivity curve is A'D1 and the total output of this sector is OA'b'E1

Answered by sharmalakshita549

Explanation:

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