subject
Business, 26.06.2019 23:00 trevinojazzy8625

Aprofit-maximizing firm will use more of a factor of production when: the extra cost of using an additional factor unit is less than the marginal revenue product of the additional factor unit. the extra cost of using an additional factor unit is less than the marginal physical product of the additional factor unit. the marginal physical product of the additional factor unit is greater than the marginal revenue product (mrp) of the additional factor unit. the marginal physical product of the additional factor unit is less than the marginal revenue product of the additional factor unit. apply your answer as an argument to the labor market—when the wage rate is below the mrp, the firm should hire workers. therefore, what is the relationship between a perfectly competitive firm's mrp curve for an input and that firm's demand curve for that input

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 08:30, justalikri
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
image
Business, 22.06.2019 16:20, Zshotgun33
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
image
Business, 22.06.2019 21:00, shawntawright1
On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
Answers: 3
image
Business, 23.06.2019 00:30, Lindy1862
Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in
Answers: 1
You know the right answer?
Aprofit-maximizing firm will use more of a factor of production when: the extra cost of using an ad...

Questions in other subjects:

Konu
Mathematics, 16.01.2021 01:00
Konu
Mathematics, 16.01.2021 01:00