--%>
Assignment Help - homework help

Problem related to Profits and Losses

Economists generally suppose that the firms behave rationally to make the most of: (1) Employment. (2) The community’s economic welfare. (3) Workers’ satisfaction. (4) Gains.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Gross Domestic Product of Norway What

    What do you mean by Gross Domestic Product of Norway?

    		•
  • Q : Problem of How to Produce Describe the

    Describe the problem of How to Produce? Answer: This refers to the choice of techniques of production of services and goods and whether labor intensive or capital i

    		•
  • Q : Collective bargaining agreements Tell

    Tell me the answer of this question. Collective bargaining agreements cover: A) wages and hours. B) union status. C) seniority and job opportunities. D) all of the above.

    		•
  • Q : Problem on cost curve The following

    The following diagram illustrates the short-run average total cost curves for five different plant sizes of any firm. The shape of each curve reflects: 1) increasing returns, followed by diminishing returns. 2) economies of scale, followed by diseconomies of scale. 3)

    		•
  • Q : Human Capital-Individuals premium wages

    The firm which offers its workers by substantial specific training tends to: (i) Pay such individuals premium wages to try to make sure retaining such workers. (ii) Need workers to sign the legal contracts of indenture and peonage. (iii) Raise worker productivity appr

    		•
  • Q : Pure competition or monopoly with

    Compared along with pure competition or monopoly, not perfect competition is: (w) far more common in Europe than in the United States. (x) much more common in markets during the world. (y) much less common in advanced nations than in underdeveloped na

    		•
  • Q : Profit Maximization problem Can someone

    Can someone help me in finding out the right answer from the given options. The Firms adjust their inputs of the labor or other resources till: (1) Revenue is maximized. (2) Employment is maximized. (3) Marginal product of the labor is maximized. (4) Gain is maximized

    		•
  • Q : Tax on a good tends to make The tax on

    The tax on a good tends to make: (i) Inflationary pressure the govt. can disperse by cutting its spending. (ii) The wedge among prices buyers pay and the prices sellers obtain. (iii) Rises in supply from the viewpoint of buyers. (iv) More quick transa

    		•
  • Q : Labor Contracts of Check-off Provisions

    When a collective bargaining contract comprises a ‘check-off provision’: (1) Union workers can be fired when they don’t meet the production quotas. (2) Firms gather the union dues through deducting them from the paychecks. (3) Workers are needed to d

    		•
  • Q : Open Shop-union membership Firms which

    Firms which employ workers devoid of needing any form of either union membership or dues are the: (i) Agency shops. (ii) Laissez-faire shops. (iii) Union shops. (iv) Closed shops. (v) Open shops. Can someone please help me in findi

    		•