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Q. According to the rule of most favorable input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the corporation. It is well recognized that many companies have management training program in which new trainees are paid relatively high starting salaries and are not expected to make substantial contribution to the company until after the program is over (program may run between 6 to 18 months. As in compliance such type of training programs, clarify is a company violating the optimality rule?
Calculate and interpret the own price, cross price, and income elasticity of demand.
One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he. Why did he rat out his co-workers.
Each firm can monitor the other's price very closely and can respond instantly
Advantages and disadvantages of a company using price discrimination in order to increase demand for its product or service.
How would a downward change in the money supply affect you personally. How would it affect your career. What impact would rational expectations have on your decisions in this situation.
Suppose a duopoly and let demand be specified by P=A-BQ. In accumulation both firms have same marginal cost c. Interaction between the two firms will be frequent infinite.
The fact that a percentage of the interest income paid by one corporation is excluded from taxable income has encouraged firms to use more debt financing relative to equity financing.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
Air transport for businesspeople and tourists
What are the factors that will allow them to increase their added value in this type of competitive environment.
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
Find the level of output with the help of calculus, Qrmax, where total revenue reaches its maximum value.
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