« previous next »

Author Question: Given the information in Scenario 14.1, what is the marginal revenue product of labor? A) ... (Read 40 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
on: Jul 1, 2018
Given the information in Scenario 14.1, what is the marginal revenue product of labor?
 
  A) 0.5L-1/2
  B) 2L-1/2
  C) 12L-1/2
  D) 24L-1/2

Question 2

Club Med, which operates a number of vacation resorts, offers vacation packages at a lower price in the winter (i.e., the off season) than in the summer. This practice is an example of:
 
  A) peak-load pricing.
  B) intertemporal price discrimination.
  C) two-part tariff.
  D) bundling.
  E) Both A and B are correct.


yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
Laboratory Requisition Information Laboratory Requisition Information
the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin
A summary of the major processes in information restructuring of DNA A summary of the major processes in information restructuring of DNA
To find the derivative use product rule To find the derivative use product rule
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
Video: Allergic Rhinitis

For a complete list of videos, visit our video library