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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
Explicate why the cost structure associated with many kinds of information goods also services might imply a market supplied by a small number of large firms.
To make your work easier to grade, please make Julie the row player, Kristin the column player also Larissa the page player.
Basically, speculators borrowed pesos also after that sold pesos for dollars in the open marketplace.
The Department of Public Works also Highways (DPWH) is considering the construction of a new highway through a scenic rural area.
Illustrate what do the results tell you about the relative size of the income also substitution effects for leisure for Jake.
In what ways and to what extent did coffee production contributed to the growth and development of the Brazilian economy before 1930.
When would it make sense for a factory that is losing money to remain in operation
Elucidate how do the ratios Px*X/I also Py*Y/I change as income increases in this problem.
Assume which the mix of fiscal and monetary policies is changed such which the money supply is increased by 100 while the government.
Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year
Illustrate what is Gillette's advertising elasticity. Is Gillette's Demand more or less responsive to advertising than other firms in its peer group. Elucidate also Elucidate how all calculations.
Assume that health insurance begins to cover hip replacement surgeries that everyone interested in getting a hip replacement has health insurance.
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