Question

Profile Instructions End Test Total questions in exam: 50  l Answered: 9 + Question No. 10 A A At Who wrote the famous Folk Wage uirch du STARTET हा ग्रंथ कोणी लिहिला​

Answer 1

Answer:

The subsistence theory of wages, advanced by David Ricardo and other classical economists, was based on the population theory of Thomas Malthus. It held that the market price of labour would always tend toward the minimum required for subsistence.