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mylen [45]
3 years ago
7

The profit-maximizing rule for a firm hiring both labor (L) and capital (C) under conditions of imperfect competition is g

Business
1 answer:
amid [387]3 years ago
8 0

Answer:

the least cost rule

Explanation:

Imperfect markets are those where all the conditions for perfect markets don't exist. In perfect markets, the profit maximizing rule for hiring labor is that you will continue to add labor until marginal revenue product = marginal cost of labor. The same applies for capital or land which are the other factors of production.

But on imperfect markets, this is not that clear, the equation in this case would be:

least cost rule ⇒ marginal product of labor / marginal cost of labor = marginal product of capital / marginal cost of capital

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Pluto Inc. is computer technology corporation that has been manufacturing laptops for the last five years. Recently, in the face
Delicious77 [7]

Answer:

diversification

Explanation:

According to my research on ,different financial strategies I can say that based on the information provided within the question this is an example of diversification. This is the process of a business separating or varying it's range of products in their operations in order to reduce their risks in a certain market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Economists expect the firm to maximize __________, the laborer to accept the best __________, and the consumer to find the combi
algol13

Answer:

The correct answer is option d.

Explanation:

The firms are expected to maximize profits, the laborers are expected to accept the best offer and the rational consumer is expected to choose the bundle of good that maximizes utility.

Firms will produce the output level where their profits are maximized. The consumer will consume at the level where their total utility is maximized and the laborer will accept the best offer to maximize his benefit.

7 0
3 years ago
Read 2 more answers
"why waste your money looking up your family tree? just go into politics, and your opponents will do it for you."
ipn [44]
That is one way to approach the bull.
6 0
3 years ago
"
ss7ja [257]
As seen in the chart  B has the comparative advantage in coal because 1/3 > 1/5 It means they are better at producing coal than the U.S.Have in mind examples like:
U.S. 
1 barrel of oil = 4 hrs 
1 ton of coal = 5 hrs 

B 
1 barrel of oil = 7 hrs 
1 ton of coal = 3 hrs 
After seeing this we can say that the country which has more availability has a comparative advantage over other countries.
Hope this helps
8 0
3 years ago
Read 2 more answers
The following T-account is a summary of the cash account of Kingbird Company. Cash (Summary Form) Balance, Jan. 1 7,200 Receipts
lisov135 [29]

Answer:

$264,600

Explanation:

The computation of net cash provided (used) by financing activities is shown below:-

Net cash inflow (Cash provided) by financing activities =  Proceeds from bond issue - Dividend Paid

= $301,700 - $37,100

= $264,600

Therefore for computing the net cash provided (used) by financing activities we simply applied the above formula.

5 0
3 years ago
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