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As per to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. It is well known that many companies management training programs in which new trainees are paid relatively high starting salaries and are not expected to make substantial contributions to the company until after the program is over (programs may run between 6 to 18 months). In offering such training programs, elucidate is a company violating the optimality rule? "
A second firm is considering entering this market. What variety should it offer. What prices will the firms charge.
calculate the mean median also mode for the value of a house also for the value of a car. Illustrate what can you surmise about the data.
Find the autonomous expenditure and induced expenditure in this economy.
Notice it is assumed that Brian will spend at least 4 hours per week studying each of the 3 courses.
How much profit does an unregulated monopolist earn. How much profit would be earned if MC pricing were imposed
What data the organization needs in order to make good decisions and how the use of macroeconomic indicators enables organizations to improve their forecasts of the key decision-making data.
Please try to come up with real examples: it's not enough to say which savings account decreased.
Profits associated with polluting for Friedman Inc. are π = 40Q - 2Q2, where Q = pollution emitted (in tons), and profits are measured in dollars.
Based on the information conveyed by the demand curve expressions, how would you explain the price difference between the two meals.
Compute the deadweight loss if the U.S. imposes a tariff of 25 cents per bottle of imported wine.
Using the slope of the health expenditure function, predict the change in per capita health care expenditures that would result.
At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale.
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