In a perfectly competitive labour market firms are wage takers and the marginal cost of labour equals?
A. The average cost of labour
B. The marginal product
C. The marginal revenue
D. The total cost of labour
A. The average cost of labour
B. The marginal product
C. The marginal revenue
D. The total cost of labour
A. consumer surplus
B. producer surplus
C. deadweight costs
D. deadweight surplus
A. perfectly inelastic
B. perfectly elastic
C. upward slog
D. downward slog
A. The amount of brain drain
B. Marginal utility
C. Marginal Product
D. The substitutability of labor to capital
A. Public Offering
B. First Public Offering
C. Initial Public Offering (IPO)
D. Going Public
A. s tend to be overvalued
B. the stock market is informationally efficient so prices should follow a random walk
C. All of these answers
D. fundamental analysis is a valuable tool for increasing one’s returns from investing in s
A. Transactions motive
B. precautionary motive
C. profit motive
D. speculation motive