SophiaPretty

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Teaching Since: Jul 2017
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    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

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  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Economics Posted 05 Sep 2017 My Price 6.00

suppose that in November a profit-maximizing firm has 100 employees.

suppose that in November a profit-maximizing firm has 100 employees. By December, the firm has decreased employment. One can infer that, when 100 employees are hired, the

  1. firm is losing market share.
  2. firm is minimizing losses.
  3. wage exceeds the value of the marginal product of labor.
  4. value of the marginal product of labor exceeds the wage.

Answers

SophiaPretty
(5)
Status NEW Posted 05 Sep 2017 10:09 AM My Price 6.00

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