Business, 16.04.2020 04:37 kirathadoll
In each of the following four cases, MRPL and MRPC refer to the marginal revenue products of labor and capital, respectively, and PL and PC refer to their prices. Indicate in each case whether the conditions are consistent with maximum profits for the firm. If not, state which resource(s) should be used in larger amounts and which resource(s) should be used in smaller amounts. a. MRPL = $8; PL = $4; MRPC = $8; PC = $4. These conditions are consistent with maximum profits for the firm: . Which resource should be used in larger and/or smaller amounts: . b. MRPL = $10; PL = $12; MRPC = $14; PC = $9. These conditions are consistent with maximum profits for the firm: . Which resource should be used in larger and/or smaller amounts: . c. MRPL = $6; PL = $6; MRPC = $12; PC = $12. These conditions are consistent with maximum profits for the firm: . Which resource should be used in larger and/or smaller amounts: . d. MRPL = $22; PL = $26; MRPC = $16; PC = $19. These conditions are consistent with maximum profits for the firm: . Which resource should be used in larger and/or smaller amounts: .
Answers: 2
Business, 22.06.2019 19:20
Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
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Business, 23.06.2019 01:30
What is the minimum educational requirement for a pediatric psychopharmacologist? a. md b. phd c. bachelors in medicine d. masters in medicine e. psyd
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Business, 23.06.2019 15:00
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers? a. change the corporation's formal documents to make it easier for outside investors to acquire a controlling interest in the firm through a hostile takeover. b. eliminate a requirement that members of the board of directors must hold a high percentage of their personal wealth in the firm's stock. c. for a firm that compensates managers with stock options, reduce the time before options are vested, i.e., the time before options can be exercised and the shares that are received can be sold. d. pay managers large cash salaries and give them no stock options. e. beef up the restrictive covenants in the firm's debt agreements.
Answers: 1
In each of the following four cases, MRPL and MRPC refer to the marginal revenue products of labor a...
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