Discussion
Minimum conditions of welfare is explained by
Answer: C
The minimum conditions of welfare are explained by both Dr. Aykroyd's formula and the subsistence theory. Aykroyd's formula sets out the minimum nutritional requirement, and the subsistence theory holds that wages should meet only the minimum needs of life.
Choosing only one of the two is wrong because both describe minimum conditions of living. None of the above is wrong because both options are accepted by the key.
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