Answer:
No, these two rules are not inconsistent.
Explanation:
A profit-maximizing firm will hire the number of workers such that the wage is equal to the value of the marginal product of labor.
But, a profit-maximizing firm will also produce the quantity of output at the level where price equals marginal cost.
But this does not mean that these two rules contradict or are not consistent. Hiring workers at the level where their wage is equal to the marginal product of labor helps the firm in reaching the point where the price of the product is equal to the marginal cost of production.
Answer: procedural fairness
Explanation:
Procedural fairness' it means acting fairly in administrative decision making. It relates to the fairness of the procedure by which a decision is made, and not the fairness in a substantive sense of that decision. This ensures that customers/applicants be provided with a fair and unbiased assessment of their request/application.
I would think that it would be the middle
Net Present value = Present value of Cash inflows - Present value of Cash outflow is the method for evaluating capital investment proposals reduces the present value of cash outflows from the present value of cash inflows.
Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project. Net Present value is the result of calculations used to find the current value of a future stream of payments.
Net Present value accounts for the time value of money and can be used to compare the rates of return of different projects, or to compare a projected rate of return with the hurdle rate required to approve an investment.
The time value of money is represented in the Net Present value formula by the discount rate, which might be a hurdle rate for a project based on a company's cost of capital. No matter how the discount rate is determined, a negative Net Present value shows the expected rate of return will fall short of it, meaning the project will not create value.
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<span>Born in 1940 Arlie Hochschild is an American sociologist and he produced a thesis which says that human emotions are social mostly. Arlie Hochschild has the legacy as the founder of sociology of emotion. Arlie Hochschild explains that companies typically try to regulate the emotions of workers.</span>
