Events may increase the marginal revenue product of labor

Assignment Help Business Economics

Reference no: EM131173112

Which of the following events may increase the marginal revenue product of labor?

-a decrease in the output price

-an increase in the marginal product

-a technical change that increases the productivity of labor

-a decrease in the wage rate

Reference no: EM131173112

Questions Cloud

Why do people still die from tuberculosis : Tuberculosis, also called TB, is one of the most ancient diseases of mankind, with evidence dating back to over seventeen thousand years from now. With time there have been new developments in the diagnosis and treatment of the disease, but the fact ..

Economic assumption more is better good fit for real world : Why is the economic assumption "more is better" a good fit for the real world?

Mostly rural and less populous area : Consider the market for land in upstate New York, a mostly rural and less populous area, as compared to the market for land in the Upper West Side of New York City, a well-to-do neighborhood alongside Central Park.

Microprocessor speed and power dissipation : DATA SET E Microprocessor Speed (MHz) and Power Dissipation (watts) (n = 14 chips) Chip Speed (MHz) Power (watts) 1989 Intel 80486 20 3 1993 Pentium 100 10 1997 Pentium II 233 35 1998 Intel Celeron 300 20 1999 Pentium III 600 42 1999 AMD Athlon 600 5..

Events may increase the marginal revenue product of labor : Which of the following events may increase the marginal revenue product of labor?

Consequence of early-eighteenth-century consumer revolution : Which of the following was a consequence of the early-eighteenth-century consumer revolution in Europe?

Finalize your worksheet by making sure all columns : Finalize your worksheet by making sure all columns are formatted to accommodate the size of the data. In the same popup box pictured above in the Border tab.

In constrained minimization problem : In a constrained minimization problem, PA = $500, PB = $100, MB(A) = 50, and MB(B) = 60. If one unit of A is taken away, how many units of B must be added to keep total benefits constant? If one unit of A is taken away, how many units of B must be ad..

Annual sales growth and net sales attributed to loyalty card : Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74 Noodles & Company restaurants. Annual Sales Growth (%) and Loyalty Card Usage (% of Net Sales) (n = 74 restaurants) Store Growth% Loyalty% Store Growth..

User Account

All Pages