Answer:
D.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal.
Answer:
The correct answer is option B.
Explanation:
The multiplier shows the increase in total production due to change in expenditure.
The change in total expenditure is always greater than the change in expenditure.
This happens because a change in autonomous expenditure leads to grater change in the induced expenditure
Consequently, the value of multiplier is always greater than 1.
Answer:
C
Explanation:
The shareholder-debtholder conflict usually arises because shareholders would prefer the firm to engage in more risky business activities. This is because this has the potential to increase the income of the firm and as a result, the wealth of shareholders.
On the other hand debtholders would not want the firm to engage in risky activities because it might negatively affect the firm's ability to make its schedules payments to debtholders.
In order to protect themselves, debtholders usually draft a deb covenant which contains allowable activities of the firm
The total amount of money being transferred into and out of a business
Answer:
Departmentalization
Explanation:
The departmentalization refer to the framework of the organization that involves various types of departments like finance, accounting, human resource, marketing, sales and services, etc
It is important to setting up each department so that the day to day task could be accomplished with the specified time and the company could achieve its organizational objectives
Therefore, as per the given situation, the most appropriate answer is departmentalization
