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Alexxx [7]
3 years ago
13

Even when competitive firms are unable to calculate marginal revenue product directly, _________________________________________

will push wage rates toward the marginal revenue product of labor. planned future investment in physical capital the pressures of competition in the labor market the marginal workers ongoing skills training wages that exceed workers' net revenue product
Business
2 answers:
slega [8]3 years ago
7 0

Answer:

the pressure of competition in the labor market

Explanation:

If companies are not able to calculate marginal revenue product the labor market will push the wages rates toward the marginal revenue product od labor just because of the supply and demand rule of the labor market, workers will tend to go the employer that offers them the most money and employers will only offer as much as they can possibly offer with a profit margin.

GenaCL600 [577]3 years ago
5 0
Even when competitive firms are unable to calculate marginal revenue product directly, the pressures of competition in the labor market will push wage rates toward the marginal revenue product of labor. 
By comparing the marginal revenue<span> and </span>marginal<span> cost from each unit produced, a </span>firm<span> in a </span>competitive<span> market can </span>determine<span> the </span>profit<span>-maximizing level of production.</span>
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3 years ago
IP Company has a preliminary cash balance of $25,000 and an agreement with the bank that it will keep a minimum balance of $20,0
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Answer: $7,000

Explanation:

From the question, we are informed that IP Company has a preliminary cash balance of $25,000 and an agreement with the bank that it will keep a minimum balance of $20,000 and that IP Company has a beginning loan balance of $12,000.

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3 years ago
Which choice best describes differences in corporate decision-making
sesenic [268]

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3 0
3 years ago
sarah Jones wants to deposit $2,000 per year into an account earning 4 percent for the next 3 years, so she can purchase a used
andre [41]

Answer:

Compounding formula would be used here which is as under:

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Remember that r is the return that is 4% that Sarah Jones will receive.

So

FV = $2250

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5 0
3 years ago
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Mkey [24]

Answer:

The answer is E. The process takes longer

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