B Factor: Source need flexibility is gauged as the portion adjustment in source amount split by portion adjustment in source cost. 21. B Factor: The labor need is flexible becaue with a rise in labor wage by 10 percent, the company ... Sight the complete response
Recorded photo message: The flexibility of source need gauges the: A) responsiveness of employees to modifications in wage prices B) responsiveness of manufacturers to adjustments source rates. C) proportion of low income item to profits rate D) level of sensitivity of minimal income item to modifications in item rate. If a 10 percent wage boost in a specific labor market leads to a 15 percent decrease in amount required because market, labor need is: A) device flexible B) flexible C) inelastic. D) completely flexible. If MP_a/ P_a = MP_b/ P_b as well as MRP_a/ P_a = MRPP_b/ P_b = 1, this company is: A) creating its outcome with the least expensive mix of sources, yet is not creating the profit-maximizing result. B) making the most of earnings, yet stopping working to reduce expenses. C) neither making best use of revenues neither decreasing prices. D) incorporating sources an and also h so regarding generate outcome with the least expensive mix of sources and also to make best use of Presume a pencil producer is using sources C as well as D in such amounts that the MRPs of the last devices employed are and also $50 specifically. The cost of source C a SSO as well as the cost of D is $50. This company: A) is making use of the least-cost mix of C as well as D as well as making best use of revenue. B) needs to employ even more of both C as well as D. C) need to employ much less of both C as well as D. D) need to employ even more of C and also much less of D. Low source price describes the: A) boost in overall earnings arising from the sale of the added outcome of another employee. B) cost at which added devices of a source can be employed in a miserably affordable source market. C) rise in complete price arising from the manufacturing of another promote of outcome. D) quantity whereby a company'& #x 27; s amount to source boost as the outcome of including another system of the source. The financial term for a single company in a tiny area without union is: A) monopsonist. B) monopolist. C) reciprocal rival. D) reciprocal monopolist. Various other points equivalent, the monopsonistic company will certainly pay a: A) reduced wage price as well as work with less employees than will certainly a simply affordable company. B) greater wage price however employ less employees than will certainly a simply affordable company. C) reduced wage price yet employ a bigger variety of employees than will certainly a totally affordable company. D) greater wage price as well as work with a bigger variety of employees than will certainly a simply affordable company.