Multiple Choice Questions on With which of the theories of wages is the name of John Stuart Mill associated ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

With which of the theories of wages is the name of John Stuart Mill associated ........

Economics- Phase (I & II) Determination of output and employment
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    With which of the theories of wages, is the name of John Stuart Mill associated?

    Marginal productivity theory of wages

    Incorrect Answer

    Wages-fund theory

    Correct Answer

    Subsistence theory of wages

    Incorrect Answer

    Iron aw of wages

    Incorrect Answer
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    Explanation:

    With Wages-fund theory, the name of John Stuart Mill associated. Mill said that wages mainly depend upon demand for and supply of labour or the proportion between population and capital available.

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