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

Author Question: The marginal revenue product of labor is defined as A) the change in the firm's output as a ... (Read 58 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jun 29, 2018
The marginal revenue product of labor is defined as
 
  A) the change in the firm's output as a result of hiring one more worker.
  B) the change in the firm's revenue as a result of selling one more unit of output.
  C) the change in the firm's profit as a result of hiring one more worker.
  D) the change in the firm's revenue as a result of hiring one more worker.

Question 2

Consider the following actions undertaken by a firm:
 
  a. charging a higher price for products of higher quality
  b. charging different prices to different consumers for the same product when the variation cannot be explained by cost differences
  c. charging different prices for products of different qualities
  d. charging a lower price to match a competitor's price
 
  Which of the above will be considered price discrimination?
  A) a, b, c, and d B) a, b, and d only C) b and d only D) b only
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
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.
Answer Preview
Only 29% of students answer this correctly


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
Population Growth and Change Population Growth and Change
Binding change model for ATP synthase Binding change model for ATP synthase
Ancient Climate Change: Following the Cretaceous Ancient Climate Change: Following the Cretaceous
Find derivative using product rule Find derivative using product rule
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library