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Author Question: A firm should hire more workers to increase its profits if A) the marginal product of labor is ... (Read 65 times)

naturalchemist

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on: Jun 29, 2018
A firm should hire more workers to increase its profits if
 
  A) the marginal product of labor is greater than the wage the firm will pay these workers.
  B) there is enough capital and other resources for the workers to use.
  C) the demand for labor is elastic.
  D) the wage rate is less than the marginal revenue product of labor.

Question 2

Marty's Bird House suffers a short-run loss. Marty can reduce his loss below the amount of his total fixed costs by continuing to produce if his revenue
 
  A) exceeds his implicit costs. B) exceeds his nonmonetary opportunity costs.
  C) exceeds his marginal costs. D) exceeds his variable costs.
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b614102004

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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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naturalchemist

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Reply #2 on: Jun 29, 2018
Thank you :)


b614102004

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Reply #3 on: Jun 29, 2018
Happy to help you


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