« previous next »

Author Question: The value added by a firm is defined as: a. the sum of all income earned by the workers in the ... (Read 84 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
The value added by a firm is defined as:
 a. the sum of all income earned by the workers in the firm.
 b. the firm's actual investment minus planned investment.
 c. the value of the product manufactured by the firm plus the transaction costs incurred by the firm.
  d. the value of the firm's product minus the cost of materials it bought from other firms.
 e. the increase in the value of the firm's stock or bond.

Question 2

An advance in technology which increases labor productivity will shift the:
 a. labor demand curve to the left.
  b. MFC curve to the left.
  c. MP curve downward.
  d. labor demand curve to the right.
  e. product demand to the right.


EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Distribution of the Income of Americans Distribution of the Income of Americans
pH vs. moles base added per mole acid pH vs. moles base added per mole acid
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
The Parade of World Income The Parade of World Income
Video: What is an ecosystem?

For a complete list of videos, visit our video library