According to the rule for optimal input usage

Assignment Help Business Economics

Reference no: EM1319478

Q. According to the rule for optimal input usage, a film should hire a person as long as her marginal income product is greater than her marginal cost to the company. It is well known to many companies have management training programs in that latest trainees are paid relatively high starting salaries also are not expected to make substantial contributions to the company until after the program is over ( programs may run among 16-18 months). In offering such training programs, is a company violating the optimality rule?

Reference no: EM1319478

Questions Cloud

Illustrate what outcome would they pick : If the firms could collude also agree on Elucidate how to split the total profits illustrate what outcome would they pick.

Sample space of all possible outcomes : what is the sample space of all possible outcomes? Are the outcomes equally likely?

Market commonality : Explain what is meant by market commonality? By resource similarity? What factors affect the likelihood that a firm will take a competitive action?

Determining the bandwidth : Suppose N ethernet stations, all trying to transmit at the same time, need N/2 slot time in order to sort out who transmit next. Supposing the average packet size is 5 slot times, express the available bandwidth as a function of N?

According to the rule for optimal input usage : According to the rule for optimal input usage, a film should hire a person as long as her marginal income product is greater than her marginal cost to the company.

Testing hypothesis using alpha value : Test hypothesis that Site B is more successful in initiating acquaintances than Site A. Use alpha = .05.

Estimating probability of germinating seed : Use relative frequencies to estimate the probability that a seed will germinate, What is your estimate?

Components of organizational architecture responsible : Define also Elucidate the three important components of organizational architecture responsible for the success or failure of an organizational design

Labour market assessment : What is the skills required to keep the company running? Where are those skills found? What are the long term prospects for those skills?

User Account

All Pages