« previous next »

Author Question: The value added by a firm is defined as: a. the sum of all income earned by the workers in the ... (Read 90 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
The value added by a firm is defined as:
 a. the sum of all income earned by the workers in the firm.
 b. the firm's actual investment minus planned investment.
 c. the value of the product manufactured by the firm plus the transaction costs incurred by the firm.
  d. the value of the firm's product minus the cost of materials it bought from other firms.
 e. the increase in the value of the firm's stock or bond.

Question 2

An advance in technology which increases labor productivity will shift the:
 a. labor demand curve to the left.
  b. MFC curve to the left.
  c. MP curve downward.
  d. labor demand curve to the right.
  e. product demand to the right.


EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Nonfat Milk with added protein Nonfat Milk with added protein
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Consider an aqueous solution of calcium nitrate added to an aqueous solution of sodium ... Consider an aqueous solution of calcium nitrate added to an aqueous solution of sodium ...
Hearing level comparison amongst workers Hearing level comparison amongst workers
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library