Author Question: The marginal product of labor measures: a. the total amount of output produced by all workers ... (Read 60 times)

evelyn o bentley · **on:** Jun 30, 2018

The marginal product of labor measures:
a. the total amount of output produced by all workers combined.
b. the quantity of an intermediate product that is combined with labor to produce output.
c. the amount of output an additional worker contributes to a firm's total output.
d. the average productivity of workers hired by a firm.

Question 2

When can proxy fights take place in a corporation?

leannegxo · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

If the percentage of stock owned by large shareholders is high, proxy fights can be easily waged. Under a proxy fight a large shareholder or group solicits votes for a slate of directors that it has proposed as an alternative to candidates endorsed by the current board, which may include the board members themselves. Shareholders who favor the alternative are said to give their proxies to those proposing the new directors.