Author Question: The contribution of an additional worker to a firm's ____, is the worker's contribution to revenue ... (Read 32 times)

Sufayan.ah · **on:** Jun 30, 2018

The contribution of an additional worker to a firm's ____, is the worker's contribution to revenue minus the worker's ____.
a. profits; wage
b. output; wage
c. profits; marginal productivity
d. output; marginal productivity

Question 2

Mention some of the defenses put up by the management of a firm to prevent transfer of control of the corporate assets.

nixon_s · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

a

Answer to Question 2

A target that is unwilling to cede control to an outsider has two basic defenses. First, before any threat materializes it can write bylaws that will raise the outsider's cost of obtaining a controlling interest in the firm. Second, management can attempt to ensure that even a successful acquirer gets control of a less valuable firm.