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Q. According 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 which many companies have management training programs in which new trainees are paid relatively high starting salaries also 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 is a company violating the optimality rule? Elucidate.
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
Distinguish between the resources market and the product market in the circular flow model.
if you were asked to forecast Jan also Feb sales for next year, would you be confident of your forecast using the preceding moving averages.
What services do you predict Bangalore India exports and what services do you predict it imports.
Illustrate now have to lend out how much does this bank if it decides to hold only required reserves.
Assume you are part of a research team evaluating a proposal to clean up a hazardous waste site.
Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.
In a current newspaper article you also read that The Camera Shop has exhausted its undertaking capital and that no new investors
Write the print f C Code which will display the output with three spaces preceding it. Illustrate what is the marginal cost of the last bucking bronco produced.
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
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