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What else can I help you with?
Which category includes the largest number of firms?
corporations
What percentage of the American economy is constituted by the five hundred largest US firms?
At least 75%
What are the Liquidity ratios?
measure of a firms ability to meet short term cash payments. bassically liquidity ratios show how good a business is at paying off its debts. hope this helps :)
What is prime brokerage?
Prime brokerage is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds and other professional investors needing the ability to borrow securities and cash to be able to invest on a netted basis and achieve an absolute return.
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What happens when wages are set above the equilibrium level by law?
Firms employ fewer workers than they would at the equilibrium wage.
How many are employed in the wrecking and demolition industry?
roughly 1,000 firms operate in this industry. These companies employ nearly 19,000 workers and secure more than $3.5 billion in sales. Many of these firms are small, family-owned companies
Where do most of the people in the securities field work?
brokerage firms employ the majority of the workers in this industry. Headquarters for these firms are located in New York City, where most of the executives and support personnel work. Mutual fund management companies and regional brokerages
What mechanism should be put in place to retain competent workers?
Some firms use the bonus system to reward their workers according to their skill level and competency. Factories sometimes employ the piece work system. IE the more productive a worker is, the more he is paid.
Why would firms stop hiring workers when the wage is above the marginal revenue product?
Firms stop hiring workers when wages exceed the marginal revenue product (MRP) because it becomes unprofitable to employ additional workers. The MRP represents the additional revenue generated by hiring one more worker, and if the wage paid is higher than this value, the cost of hiring exceeds the revenue produced. Continuing to hire under these conditions would lead to reduced profits or losses, prompting firms to limit their workforce to optimize costs and maintain profitability.
Why monopsonist hires fewer workers than a firm in competitive labor market?
A monopsonist hires fewer workers than a firm in a competitive labor market because it is the sole buyer of labor, giving it greater market power to set wages. Unlike competitive firms that accept the market wage, a monopsonist must raise wages to attract additional workers, leading to higher marginal costs for hiring. As a result, the monopsonist will hire workers up to the point where the marginal cost of labor equals the marginal revenue product, which typically occurs at a lower quantity of employment compared to competitive firms. This results in a lower overall employment level in the monopsonistic market.
Firms will employ an input up to the point where?
The input's price equals its marginal revenue product
Efficiency wage model firms tend to pay workers?
no.
How fragmented was the miscellaneous service machinery industry?
The miscellaneous service machinery industry is extremely fragmented and is dominated by relatively small, specialty manufacturers. Nearly all of the 1,165 firms operating in 2001 employed fewer than 100 workers.
How does spelization by workers benefit the firms employing them?
Workers who specialize become more efficient and thereby increase productivity.
Which of these is not an example of services provided by government to business firms?
workers for their factories
Which is not an example of services provided by government to business firms?
workers for a factory
