The marginal revenue product

Assignment Help Business Economics

Reference no: EM131171752

The marginal revenue product is:

A. The value that a worker contributes to a firm.

B. The value of all the final goods and services produced by a firm.

C. The value that all the unskilled workers contribute to a firm.

D. An increase in the profit of a firm with an increase in the output by one unit.

E. The output per unit of worker employed by a firm.

Reference no: EM131171752

Questions Cloud

Graph a linear equation : What is the minimum information needed to be able to graph a linear equation? What process do you go through to graph a linear equation? Give an example, starting with a linear equation, and explain the steps you would use to graph it.

Calculate the amount of profit : Explain how this leader in your firm can speculate on the belief that the euro will be $1.41 in 12 months.- Calculate the amount of profit that can be earned and the percentage return achieved.

Increasing marginal volume for cost payers makes economic : Increasing marginal volume for cost payers makes economic sense if:

Explain what measures you would take to protect staff : Describe the various roles that probation/parole officers can take on including probation/parole officer roles as agency models, agents of rehabilitation, broker/advocate agents, and probation/parole officers as law enforcement agents.

The marginal revenue product : The marginal revenue product is:

Make either payment as scheduled : Shamrock Inc. was supposed to have received a payment of $30,000, 4 years ago, and $8,500, 2 years ago, from a customer who could not make either payment as scheduled.

Aggregate demand shifts to the left when : Assume the MPC is 0.90. If the government increases spending by $400 billion and increases taxes by $400 billion simultaneously, then aggregate demand will: Aggregate demand shifts to the left when: A rightward shift in the aggregate supply curve sho..

Determine the total number of bytes necessary to transmit : Using UTF-16 encoding, determine the total number of bytes necessary to transmit the following sequence of Unicode characters (given in hexadecimal format): U+0031, U+0020, U+1000, U+0020, U+020000.

Making one payment today : Ashley wants to settle two outstanding loans of $1,300.00 due in 1 years and $5,300.00 due in 4 years, by making one payment today. If the interest rate is 5.95% compounded semi-annually, how much would Ashley have to pay?

User Account

All Pages