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ira [324]
3 years ago
8

According to the marginal productivity theory of income

Business
1 answer:
Anna71 [15]3 years ago
5 0

Answer:

The income received by an individual who supplies labor services equals the incremental benefit generated to the firm by the individual´s labor

Explanation:

The marginal productivity theory of income or wages states:  firms pay a salary that is equal to the extra benefit a (that is why is marginal; an extra unit in this case is an extra unit of labor) worker represents in output of production. In other words, if the firm employees a new worker, its salary would be equal to the extra output produced by him or her (marginal product of labor). Because of this, wages depend on the production function each firm has. The mathematical formula to get the marginal product of labor is: dF/dL, where F is the production function and L represent labor in it.

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An MNC uses which international strategy for entering a foreign market by simply shipping goods produced in the company's home c
BabaBlast [244]

Answer:

d. exporting

Explanation:

Based on the information provided within the question it can be said that the the company in question is using the international strategy known as exporting. This refers to a company producing it's goods and services in their home country but sending and selling them to various other countries internationally. Therefore in this case the company would be the exporter (MNC) and the receiving countries would be the Importers.

6 0
3 years ago
Firm A currently dumps 157 tons of chemicals into the local river. Firm B currently dumps 183 tons of chemicals into the local r
Kruka [31]

Answer:

$20,670

Explanation:

                                               Firm A                   Firm B

Actual Dumping                         157                        183

Pollution Permits Allotted          <u> 11  </u>                        <u>  11  </u>

Reduction Required                   146                        172

Cost of Dumping 1 ton              $160                      $65

As the cost of dumping to Firm A is $160 which is higher than the marginal cost of dumping of Firm B which is $65, so it is better that Firm B take benefit from it by selling it at $65. So now total tons require dumping is 318 tons (146 + 172).

Total cost of reducing pollution = 318 tons * $65 = $20,670

3 0
3 years ago
¿A partir de que documento se genera el COVE?
Natasha2012 [34]
Sorry would love to help but Translation plz???
8 0
2 years ago
Which of the following cooking methods would produce food with a smoky, slightly charred flavor? A. Saut ing B. Grilling C. Roas
netineya [11]

Answer:

B

Explanation:

Grilling is the cooking method that would produce food with a smoky, slightly charred flavor.

8 0
2 years ago
Please help me thankssss !!!!
fredd [130]

Answer:

Money owing to bank, Motor Van, Stock of goods

Explanation:

7 0
2 years ago
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