Be clear about your words and focus on what you are presenting
The company must: hike the factor prices to hire additional employees, a monopolist's marginal factor cost curve is above its labor supply curve.
<h3>What is a marginal factor
cost?</h3>
Marginal factor cost is the increment in the additional factor of production that leads to the increase in the one-unit amount.
It is showed in unit like the labor has worked ten per unit in the given period of time.
Thus, its labor supply curve.
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Answer
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Explanation:
Answer: Option E
Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.
If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.
Hence from the above we can conclude that the correct option is E.
Answer: D. do all of these.
Explanation:CARD(credit card accountability, responsibility and disclosure) act is a set of guidelines and rules which guides consumers and help them to better understand their credit cards and reduce and control unfair practices from credit card companies, those rules, also concerns college students.
ALL THE OPTIONS ARE CORRECT REGARDING CARD RULES AND GUIDELINES FOR COLLEGE STUDENTS.
