How is a firm affected by an increase in employment at a level less than Q*?
a. Additional workers add profits.
b. The market wage exceeds marginal revenue product.
c. Individual workers have a strong effect on wages.
d. The firm experiences a labor surplus.
a. Additional workers add profits.
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In the early 1990s Intel produced a 486 microchip for personal computers that contained a math co-processor that increased its speed of performing calculations and other operations
After a time Intel decided to disable the coprocessor on large numbers of their chips before sending them out for shipment and sale. What could have been the motive of Intel to deliberately reduce the quality of some of its chips?
If a company offers a consultant the following five alternatives, which should she choose?
a. to be paid $50,000 now b. to be paid $30,000 now and $20,000 when the project in question is completed c. to be paid $25,000 now and $25,000 when the project in question is completed d. to be paid $10,000 now and $40,000 when the project in question is completed e. to be paid $50,000 when the project in question is completed
Marginal damages
A. must always be considered in social marginal costs. B. must not be considered in social marginal costs. C. must sometimes be considered in social marginal costs. D. have nothing to do with social marginal costs.
Included in the U.S. current account is interest that U.S. residents receive on overseas assets.
Answer the following statement true (T) or false (F)