We learned that a firm should hire employees as long as the rule that marginal revenue product exceeds marginal cost holds. Many firms have financial management training programs where new hires are paid well for a year or two but do not produce much value during that time. Are such firms behaving in violation of the rule? Explain your answer
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Business, 22.06.2019 00:00
Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people
Answers: 1
Business, 22.06.2019 05:00
What is a sort of auction for stocks in which traders verbally submit their offers?
Answers: 3
We learned that a firm should hire employees as long as the rule that marginal revenue product excee...
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