For a Monopoly,the Value of the Next Worker Equals

question 38

Multiple Choice

For a monopoly,the value of the next worker equals

• A)MR ∗ MPL.
• B)(price + the effect of increased output on price)∗ MPL.
• C)P(1+1/e)* MPL
• D)all of the above.

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Definitions:

Days' Sales Uncollected

A measure of the average number of days it takes a company to collect payment after a sale has been made.

Inventory Turnover

Measures how often a company sells and replaces its stock of goods within a period, reflecting inventory management efficiency.

Times Interest Earned Ratio

A financial metric assessing a company's ability to meet its debt obligations, calculated as earnings before interest and taxes divided by interest expense.

Acid-test Ratio

A liquidity ratio that measures a company’s ability to pay off its current liabilities with quick assets, excluding inventory.