The downward sloping marginal physical product of labor is the firm’s ?

Related Mcqs:

The most important source of wage differentials are ?

A. regional variation B. unionization C. relative danger D. skills...

The opportunity cost of acquiring education is ?

A. course fees B. course fees and living expenses C. the earnings foregone D. Course fees living expenses and textbook...

Unions achieve a higher wage differential the more _____ and the more ______?

A. inelastic the demand for labour, they can restrict the supply of labour B. members they have, aggressive they behave C. the economy is growing, people prefer leisure D. the productivity is growing vacancies exist...

Top footballers tend to earn more than lecturers because ?

A. footballers give more entertainment B. lecturers are lazy C. the labor markets are imperfect D. top footballers are relatively scarce in relation to lecturers...

Which of the following explanations of wage differentials is not likely to be true ?

A. Men have more human capital than women B. Employers in competitive markets are bigots C. Men have more job experience than women D. None of the above...