The theory of distribution analysis is the priciple which explains
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The theory states that the price of a factor of production is governed by its marginal productivity. To support this hypothesis, it analyses the process of equilibrium pertaining to the employment of input of various factors by an individual firm under perfect competition.
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The theory states that the price of a factor of production is governed by its marginal productivity. To support this hypothesis, it analyses the process of equilibrium pertaining to the employment of input of various factors by an individual firm under perfect competition.✔✔
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