Why might an employer choose not to hire some job candidates offering relatively high levels of marginal
Question:
Why might an employer choose not to hire some job candidates offering relatively high levels of marginal product if the price of the product the employer sells decreases considerably?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
The firms demand curve is a derived demand ba...View the full answer
Answered By
Jeff Omollo
As an educator I have had the opportunity to work with students of all ages and backgrounds. Throughout my career, I have developed a teaching style that encourages student engagement and promotes active learning. My education and tutoring skills has enabled me to empower students to become lifelong learners.
5.00+
5+ Reviews
42+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Why might an employer choose not to hire some job candidates offering relatively high levels of marginal product if the price of the product the employer sells decreases considerably? 2. If more...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
1) The mast on the boat is held in place by the rigging, which consists of rope having a diameter of 25 mm and a total length of 50m. Assuming the rope to be cylindrical, determine the drag it exerts...
-
The following selected accounts and their current balances appear in the ledger of Black Lab Co. for the fiscal year ended April 30, 2012: Instructions 1. Prepare a multiple-step income statement. 2....
-
Repeat Prob. 162 for a differential mercury height of 45 mm.
-
Do the following activities to complete your marketing plan: 1. Draw a simple organizational chart for your organization. 2. Develop a Gantt chart (see Chapter 2) to schedule the key activities...
-
Air Meals is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The companys planning budget for December appears below: Air Meals Planning Budget...
-
A few years ago, France banned overtime (and the overtime pay that went with it) and reduced weekly working hours from 40 to 35 hours. What types of workers would benefit most from these changes?...
-
The rod OA is held at the constant angle = 30 while it rotates about the vertical with a constant angular rate = 120 rev/min. Simultaneously, the sliding ball P oscillates along the rod with its...
-
How legitimate would concerns be about the possibility of monopsonistic exploitation of labor via platform firms application of data analytics if providers of labor services can choose among a large...
-
How might an increase in demand for tourist destinations along with a higher demand for solar and wind energy have induced conversion of some German mines into lakes surrounded by cottages, solar...
-
Asthma is a chronic lung condition characterized by difficulty in breathing. Some studies have suggested that asthma may be related to childhood exposure to some animals, especially dogs and cats,...
-
The figure below shows a flow network on which an s-t flow has been computed. The capacity of each edge appears as a label next to the edge, and the numbers in boxes give the amount of flow sent on...
-
Gobi Corporation's electronics division reported an ROI of 9% for the current period. The division's return on sales for the period was 15%, and its operating revenue was $240,000. 1. The division's...
-
What does optimum pH tell you about Alkaline Phosphatase?
-
New employees at the Optimus Corporation, a medical equipment manufacturer, are assigned mentors who guide them through on-the-job training as well provide an orientation to the culture of the...
-
A 1000-ft tank contains 85 STB of crude oil and 20,000 SCF of gas, all at 120F. When equilibrium is established (i.e., when as much gas has dissolved in the oil as will), the pressure in the tank is...
-
GAAP classifies items on the balance sheet in one of the following ways: Asset (A) Liability (L) Shareholders equity (SE) Item that would not appear on the balance sheet as conventionally prepared...
-
For the next several days, take notes on your listening performance during at least a half-dozen situations in class, during social activities, and at work, if applicable. Referring to the traits of...
-
Warren Davis lived with Renee Brandt in a house that Davis owned in Virginia Beach, Virginia. At Daviss request, attorney Leigh Ansell prepared, and Davis acknowledged, a durable power of attorney...
-
The Ethical Dimension Is it fair to sanction an employer for discharging an employee who reports on the employers unsafe or illegal actions to government authorities or others? Discuss.
-
The Global Dimension In many countries, discharging an employee is more difficult and costly for the employer than it is in the United States. Why?
-
Could you discuss emerging trends and innovations in virtualization, such as server less computing and edge virtualization, and their impact on reshaping application deployment models, infrastructure...
-
Can you elucidate on the concept of nested virtualization and its implications for running virtualized environments within other virtualized environments, highlighting use cases and potential...
-
Design solution Matrix chain multiplication problem for P= <2,4,6,8,10> where P is dimension vector for matrices using DP. Write Algorithm for it.
Study smarter with the SolutionInn App