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As per the rule of 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. We know that many companies have management training programs in which new trainees are paid relatively high starting salaries and are not expected to make substantial contribution to the company until the program is over (it may take 6 to 18 months). In offering such training programs, is a company violating the optimality rule? Explain
How could a company go about meeting those needs and thus motivate you to work better and harder.
Illustrate what are the examples that producers take advantage of the internet to implicitly fix the prices.
how should she reallocate her expenditures between the two goods
Assuming labour demand is downward sloping and that the labour market is competitive, what happens to national income as a result in immigration.
most powerful people in the world might be measured more powerful than most countries leaders
Calculate and interpret the own price, cross price, and income elasticity of demand.
It was reported that the price of kerosene heaters skyrocketed and the number purchased increased during this time.
Explain how labor market equilibrium is affected by the supply also demand of labor.
Disposable personal income equals personal income and two factors are the keys to determining labour productivity
Give an example of an event or incident that has taken place in the U.S. economy which has a major economic impact--be specific.
Elucidate how the asset demand for money as a green line draw the transactions demand-for-money curve.
Can you recognize from the graph the period for which Canada was on affixed x-rate regime with the US dollar and the UK pound? What was this period.
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