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

Author Question: What is the relationship between the value of marginal product of labor and the marginal product of ... (Read 94 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
What is the relationship between the value of marginal product of labor and the marginal product of labor?
 
  What will be an ideal response?

Question 2

All of the following are considered intellectual property except
 
  A) software. B) films. C) books. D) shares of stock.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

VMP is equal to the price of a unit of the output, P, multiplied by the marginal product of labor, MP. So VMP = P  MP.

Answer to Question 2

D


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
:D TYSM

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the
Establishing a caring and trusting relationship helps the client come to terms with a terminal illne Establishing a caring and trusting relationship helps the client come to terms with a terminal illne
Relationship Between Training Intensity and VO2max Improvement Relationship Between Training Intensity and VO2max Improvement
The relationship between the height of the firing line and length of the spark line can be ... The relationship between the height of the firing line and length of the spark line can be ...
The relationship of substrate con- version (as measured by optical density) to the amount of patient ... The relationship of substrate con- version (as measured by optical density) to the amount of patient ...
Most elderly enjoy maintaining relationship with their grandkids Most elderly enjoy maintaining relationship with their grandkids
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library