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

Author Question: In a perfectly competitive labor market, a profit-maximizing firm will hire labor up to the point at ... (Read 95 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
In a perfectly competitive labor market, a profit-maximizing firm will hire labor up to the point at which the
 a. wage rate = MRC
  b. wage rate < MRP
  c. wage rate = MRP
  d. wage rate > MRP
  e. wage rate = MP

Question 2

Among the 25 most developed countries in the world where does the United States rank in terms of recycling?
 a. 5th
  b. 10th
  c. 18th
  d. 20th
  e. 25th


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
Excellent

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Two-point gait. Two-point gait.
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Ischemic compression (i.e., direct pressure) to a trigger point in the trapezius muscle. Ischemic compression (i.e., direct pressure) to a trigger point in the trapezius muscle.
Overallocation of Labor to Sector 1 Overallocation of Labor to Sector 1
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Set-Point Theory Set-Point Theory
Video: What is an ecosystem?

For a complete list of videos, visit our video library