Concept
Version 7
Created by Boundless
Marginal Productivity and Income Distribution
Scientists are Skilled Workers
Scientists are skilled workers. Firms, such as pharmacutical companies, will hire more scientists if the marginal productivity is greater than the marginal cost. This will drive up demand for scientists, and therefore their wages.
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"Scientist looking thorugh microscope."
http://commons.wikimedia.org/wiki/File:Scientist_looking_thorugh_microscope.jpg
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