【单选题】A monopolist produces a good using only one factor, labor. There are constant returns to scale in production, and the demand for the monopolist's product is described by a downward sloping straight li...
A.
marginal cost of labor to the monopolist exceeds the wage.
B.
marginal product of labor times price of output equals the wage.
C.
marginal product of labor times price of output is less than the wage.
D.
marginal product of labor times price of output exceeds the wage.
【单选题】Assume that stock market returns do follow a single-index structure. An investment fund analyzes 125 stocks in order to construct a mean-variance efficient portfolio constrained by 125 investments. Th...
【单选题】According to Euler's theorem, if competitive firms pay each factor its marginal product and the production function has constant returns to scale, the sum of all factor payments will equal:
【单选题】I n the short-run, following the opening of trade: a. inputs move across sectors, but input returns remain constant. b. factor payments in the import-competing sectors will decline. c. the supply of r...
【单选题】To conduct factor analysis for investigating the impact of sustainability in performance of hotels, what data issues are not needed to consider for understanding the differential impact?