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As per 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 that many companies management training programs in which new trainees are paid relatively high starting salaries and 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, elucidate is a company violating the optimality rule? "
Assume which a industry has "pricing power" also can segregate its marketplace into two distinct groups based on differences in elasticities of demand.
Fearing inflation, it wants to increase taxes so which the net change in the equilibrium level of GDP is zero. By Elucidate how much taxes should be increased
In an effort to reduce their total costs many companies are now replacing paychecks with payroll cards
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
Describe how each of these activities affects government households as well as businesses.
Consider a couple's decision about how many children to have.Assume that over a lifetime a couple has 200000 hours of time either work or raise children.The wage is RM10 per hour.Raising a child takes 20000 hours of time.
Briefly discuss the impact of rational self-interest on each of the following decisions. Whether to attend college full time or enter the workforce full time.
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
Line segments will automatically connect the points. Remember to plot from left to right also plot among integers.
If one yr later the marketplace interest rate increases by 5% also they sell the bond, this rate of return on this investment is.
Illustrate what is the GDP of George's also John's island in terms of clamshells.
Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud also excess
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