--%>

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 : Question related to Gross domestic

    Proprietors' income $ 20, Compensation of employees 300, Consumption of fixed capital 15, Gross investment 80, Rents 10, Interest 20 ,Exports 30, Imports 50, Corporate profits 25, Taxes on production and imports 5 ,Net foreign factor income 0 ,Statistical discrepancy

  • Q : Capital receipts Why borrowing is

    Why borrowing is treated as capital receipts? Answer: Because it rises the liability of government.

  • Q : Legal form of business in United States

    Can someone help me in finding out the right answer from the given options. Which of the given below is not a legal form of the business in United States? (1) Partnership. (2) Corporation. (3) Limited partnership. (4) Producer cooperative.  (5) All the above are

  • Q : Problem on Categories of Goods I have a

    I have a problem in economics on Problem on Categories of Goods. Please help me in the following question. The produced tangible good is termed as a: (i) Consumable. (ii) Service. (iii) Commodity. (iv) Utility. Sel

  • Q : Monopolistic Exploitation-Demand for

    I have a problem in economics on Monopolistic Exploitation-Demand for Labor. Please help me in the following question. The monopolistic exploitation is exercised if the employment equilibrium for a firm involves: (i) MRP > MFC. (ii) Paying the work

  • Q : Illustration of Contestable Market The

    The probably of the following industries to be a contestable market is: (i) electricity generation. (ii) cellular telephone services. (iii) cable TV systems. (iv) natural gas service. (v) water and sewer services.

  • Q : Scenario Analysis Based on the recent

    Based on the recent success of Ontario tennis star Milos Raonic, Nike Canada will make new state of the art tennis racket with a red maple leaf on the strings. Mike expects to sell 10,000 rackets yearly for the next 4 years. Each racket will retail at a manufacturer&r

  • Q : Total variable cost By refering the

    By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48.  C) $37. D) $24. </span

  • Q : Monopolistic competition and product

    The demand curve facing a monopolistically competitive firm might shift rightward when this: (w) increases wages to workers. (x) experiences a decline in costs. (y) advertises successfully. (z) responds strategically to competitors&rs

  • Q : Minimum of the average variable cost

    Short-run supply curve of a purely competitive firm’s is: (w) its MC curve above the minimum of the AVC curve. (x) the upward sloping part of its ATC curve. (y) the intersection where is MR = MC. (z) horizontal up to the firm’s productive