This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Marginal revenue product of labor equals marginal product times the wage only when the firm is a ... (Read 57 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
Gracias!

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Patent medicines contained a name brand that clearly identified the product and claimed to cure just ... Patent medicines contained a name brand that clearly identified the product and claimed to cure just ...
Overallocation of Labor to Sector 1 Overallocation of Labor to Sector 1
Effect of Shifting Labor into R&D Effect of Shifting Labor into R&D
Tsunami Travel Times to Honolulu Tsunami Travel Times to Honolulu
A solution of CaCl2 with concentration of 5.5 M was diluted 10 times, 25 times and 3 times. ... A solution of CaCl2 with concentration of 5.5 M was diluted 10 times, 25 times and 3 times. ...
Video: Enzyme-Catalyzed Reactions

For a complete list of videos, visit our video library