"Only that much labour should be used with capital as will reduce the marginal productivity of labour to zero." This statement is given by which of the following economist?
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UGC-NET 2026 Question 4: Theories of development
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Theories of development has come up 59 times in 6 exams since 2010.
What this question tests
This question is on Dual-economy models, surplus labour and migration, part of Theories of development in Economics of Growth and Development.
Models of a traditional sector that supplies labour to a modern one.
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