--%>

Demand for labor by monopolist

Can someone please help me in finding out the accurate answer from the following question. The demand for the labor by a monopolist in product market is its: (i) Value of the marginal product (or VMP) curve. (ii) Marginal revenue of product (or MRP) curve. (iii) Its marginal factor cost (or MFC) curve. (iv) Total revenue (or TR) curve.

   Related Questions in Microeconomics

  • Q : Market interest rate at break-even

    When land that rents for $100,000 yearly can be bought for $800,000 now, it will be a break-even investment when the market interest rate is: (i) 6%. (ii) 10%. (iii) 12.5%. (iv) 15%. (v) 8%. Can anybody suggest me the proper explan

  • Q : Determine demand curve for

    A tax will be forward-shifted totally when the demand curve is: (w) downward sloping and the supply curve are horizontal. (x) horizontal and the supply curve is upward sloping. (y) perfectly price inelastic and identical to the supply

  • Q : Problem on labor monopsonist Can

    Can someone please help me in finding out the accurate answer from the following question. The labor monopsonist will hire labor up to the point where marginal: (i) Revenue product of the labor equivalents the wage. (ii) Resource c

  • Q : Relatively price inelastic demand For

    For Cournot’s Spring Water the demand is relatively price inelastic at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

    Q : Problem regarding analyzing persistent

    In analyzing persistent shortages within the U.S. market for adoptable children: (w) children are most reasonably considered investment goods. (x) children might reasonably be functioned as consumer goods. (y) lower prices charged adopting families would result within

  • Q : Monopsony and Marginal Resource Cost

    The labor monopsonist which doesn’t wage discriminates consists of a marginal resource cost curve [or marginal factor cost curve] which is above the labor supply curve then the firm faces as: (1) Monopsonists encompass market power in the markets for output. (2)

  • Q : Arc elasticity of demand The arc

    The arc elasticity of demand of Bosun for labor in between point f and point g is approximately: (1) one. (2) 1.250. (3) 1.375. (4) 1.500. (5) 1.750.

    Q : Effects when rental price and quantity

    When the rental price of DVDs start from $2.50 to $.99 and the quantity demanded raises from 510 to 820 in that case the price elasticity of demand to rent DVDs is: (w) perfectly elastic. (x) perfectly inelastic. (y) relatively elasti

  • Q : LEAST dependency Demands for labor

    Demands for labor depend LEAST upon the levels of: (w) labor productivity. (x) technology as well as amounts of other resources employed. (y) demand for final products. (z) trade off among work (creating income) and leisure.

    Q : Experience decreasing costs industry If

    If one industry’s development stimulates development in support and complementary industries, it permits firms within the industry to: (i) move up their rising long run average costs curves. (ii) sell their products for higher prices. (iii) focus old technologie