Qaccording to the rule of most favorable input usage a firm

Assignment Help Business Economics

Reference no: EM13353795

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?

Reference no: EM13353795

Questions Cloud

Monopoly and equilibriuma helen gets smart and realizes : monopoly and equilibriuma. helen gets smart and realizes that she is the only pie shop approximately. compute the

Q1 what are sunspots and how are they related to the suns : q1. what are sunspots and how are they related to the suns magnetic field? is the magnetic field stronger weaker in

Qsuppose you are the manager of a home-building company and : q.suppose you are the manager of a home-building company and the government is considering eliminating the

Q1 a pipe open at one end has a fundamental frequency of : q1. a pipe open at one end has a fundamental frequency of 256 hz. a second pipeidentical to first pipe is shortened by

Qaccording to the rule of most favorable input usage a firm : q.according to the rule of most favorable input usage a firm should hire a person as long as her marginal revenue

1at what age do babies learn to crawl does it take longer : 1.at what age do babies learn to crawl? does it take longer to learn in the winter when babies are often bundled in

Q1 a horizontal pipe contains water at a pressure of 150 rm : q1. a horizontal pipe contains water at a pressure of 150 rm kpa flowing with a speed of 1.6 rm ms. the pipe narrows to

Qa firm uses 4 inputs to produce 1 output the creation : q.a firm uses 4 inputs to produce 1 output. the creation function is fx1 x2 x3 x4 minx1 x2 minx3 x4.1 elucidate what

Q1 a simple harmonic oscillator consists of the block of : q1. a simple harmonic oscillator consists of the block of mass 1.90 kg attached to a spring of spring constant 196 nm.

User Account

All Pages