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Author Question: Marginal revenue product of labor equals marginal product times the wage only when the firm is a ... (Read 145 times)

strangeaffliction

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on: Jun 30, 2018
Marginal revenue product of labor equals marginal product times the wage only when the firm is a perfect competitor in the product market.
 a. True
  b. False

Question 2

Markets for pollution rights
 a. have never been tried in the United States
  b. assign property rights to those who value them least
  c. allow the government to assign property rights
  d. enable those who value them most to pollute
  e. are less efficient than pollution standards


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iman

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


strangeaffliction

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bdobbins

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Reply 3 on: Yesterday
Excellent

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