UGC NET Follow
September 10, 2020 7:47 pm 30 pts
.10 If the marginal productivity of labour in agriculture is zero, then the labour supply curve for industry, as assumed by Lewis, will be: perfectly elastic Ans backward bending perfectly inelastic upward rising
• 0 Likes
• Shares
• Nidhi taparia
Option 1 is correct. Lewis in his model of Unlimited Supplies of Labour states that when labour in agriculture has zero MP, it becomes perfectly elastic at prevailing wage rate fo...