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7 There are two questions in the photo. There are 4 options under the questions, one of the options is correct, can you write the
7
There are two questions in the photo. There are 4 options under the questions, one of the options is correct, can you write the correct option after the solution?
Soru 19 Person A had to hire guards and install an alarm system to prevent theft. Which of the following is (are) true about this event? I- From society's point of view, all these preventive activities waste resources. Thus, an inefficiency arises. Il- From Person A's point of view, all these preventive activities can be perfectly rational-she/he gets more benefit by taking all these measures instead of engaging more productive activities. none of them Il only I only both of them Soru 20 Assume that W/P is the real wage-the payment to labor measured in units of output rather than in dollars and MPL is the marginal product of labor. If MPL > W/P , then what should the firm do in order to maximize its profit? It should hire more workers. We cannot say anything with certainty. It should not change the number of workers as the benefits of existing workers outweigh their costs. It should fire some of its workersStep by Step Solution
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