This topic contains a solution. Click here to go to the answer

Author Question: A firm competing in a perfectly competitive labor market desires to maximize ________. (Read 89 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571

Question 1

An increase in technology will cause a marginal revenue product of labor curve to


◦ be unaffected because the productivity of labor has not changed.
◦ shift to the left.
◦ shift to the right.
◦ become more inelastic.

Question 2

A firm competing in a perfectly competitive labor market desires to maximize ________.


◦ marginal profit, not total profit
◦ total profit, not marginal profit
◦ marginal profit, not average profit
◦ average profit, not marginal profit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by APUS57 on Apr 19, 2019

meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
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.
Answer Preview
Only 25% of students answer this correctly





 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library