As an MNC based in the country of Westeros, suppose your firm currently has positive exposure to the Valerian pound. With expanding input needs, you expect to take on a substantial negative exposure to the Quarthian dollar. The Valerian pound and Qarthian dollar are negatively correlated. As such your firm's overall exchange rate exposure is expected to

If the value of the marginal product of a worker is $20 and the market price of the good he produces is $5, his marginal product is:

A) 4 units. B) 10 units. C) 25 units. D) 100 units.

If a firm is a monopsonistic hirer of labor,

a. its marginal expense for labor is greater than the market wage. b. its marginal expense for labor is equal to the market wage. c. its marginal expense for labor is less than the market wage. d. it is a price taker in the labor market.