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A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $6 per hour and capital is rented at $12 per hour. If the marginal product of labor is 50 units of output per hour and the marginal product of capital is 75 units of output per hour. is the firm using the cost minimizing combination of labor and capital? if not, should the firm increase or decrease the amount of capital used in its production process?
The demand function for a very famous introductory economics textbook is P = 100 - 0.005Q. The publisher must pay $20 per book in printing and distribution costs and, in addition, she must pay the author a $20 royalty for each book sold.
Suppose an individual has 40 hours to work. Suppose also the individual has a net wealth outside the labor market of 100$. Suppose the wage rate is equal to 10 $ per hour.
identifying and developing treatment protocols which will continue impacting more and more of the world's population. Provide specific examples to support your response.
Appraise this statement: The public health campaign will result in increased prices of gym membership, but not increased quantity of teens and young adultsbuying memberships. (Assume that the supply curve is positively sloped, and thedemand curve ..
Prepare a powerpoint slides that describe knowledge management and what this description means within an organisation, as well as the three issues - Develop notes for each PowerPoint slide.
This is the trust established between the two domains that enable users in one domain to be authenticated by the other domains controller. There exist several trusts like External, realm and shortcut. The trust that I will talk about is the extern..
Beyond this, the dynamics of the organization where you work also determines, to a certain extent, how you can contribute as a collaborator in the workplace.
Use the Internet to find employers who now do preliminary selection interviews via the Web. Do you think these interviews are useful? Why or why not? You should also include the pros and cons. How would you improve them?
analysis of business managementin the event that you do not have trust for a teammate how do you operate on a team? do
What kinds of benefits you would offer your employees if you were the employer seeking to maximize employee productivity and job satisfaction.
Write a report explaining the strengths and limitations in using pipe and filter commands. Provide a brief history of pipe and filtering style commands. Also, provide a comparison between the benefits of using pipe and filter commands with the com..
Examine business's social responsibility to each of the following areas: the environment; 1. employees; customers; investors; and the community. Analyze why strategic planning is important to a small company
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