Shorter product development cycles are beneficial in an engineering world in which both capital and labor are global.
举一反三
- Which one of the following statements about supply chain performance is true A: lower aggregate inventory will result in higher current assets B: higher inventory turns will result in higher working capital requirements C: longer delivery times will require higher levels of working capital D: shorter new product development time will result in lower revenue
- Which of the following will increase the marginal product of labor in the labor market? A: An increase in the price level and the money wage. B: An increase in the real wage. C: A decrease in the capital stock. D: An increase in the supply of labor.
- 5. The capital of AIIB is equivalent to half of the capital of the Asian Development Bank and about two-thirds of that of the World Bank.
- A competitive firm hires labor until the marginal product of labor equals the A: real wage. B: rental price of capital. C: price of output. D: capital/labor ratio.
- A competitive firm hires labor until the marginal product of labor<br/>equals the ____ A: real wage. B: rental price of capital. C: price of output. D: capital/labor ratio.