If corporate profits increase rapidly, the main beneficiaries are its
a. common stockholders
b. managers
c. bondholders
d. preferred stockholders
e. convertible stockholders
A
Economics
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Companies often find it to be more profitable to use a commission or piece-rate system of compensation rather than a salary system, yet many firms continue to pay their workers salaries
List three reasons why a firm would choose a salary system of compensation.
Economics
When a firm competes in a competitive market with some market power, the profit maximizing level of employment occurs where?
a. MRP=MRC b. ATC=ATR c. VC=FC d. there is no optimal level of employment
Economics