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Author Question: The benefit to the firm from hiring one additional worker is called the A) marginal revenue ... (Read 70 times)

dbose

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on: Jun 29, 2018
The benefit to the firm from hiring one additional worker is called the
 
  A) marginal revenue product of labor. B) total revenue.
  C) marginal profit. D) marginal revenue.

Question 2

Suppose the total cost of producing 40,000 flash drives is 120,000, and the fixed cost is 30,000.
 
  a. What is the variable cost?
  b. When output is 40,000, what are the average variable cost and the average fixed cost?
  c. Assuming the cost curves have the usual shape, is the dollar difference between the average total cost and the average variable cost greater when the output is 40,000 flash drives or when the output is 60,000 flash drives? Explain.
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SVictor

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dbose

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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