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Marginal Revenue Product

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Q: What is the additional revenue a firm gains when it hires an additional worker called?
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What is additional revenue a firm gains when it hires an additional worker called?

Marginal Revenue Product


What is marginal revenue product?

Marginal revenue product is the additional profit a firm gains when it hires an additional worker.


When a firm's expenses are greater than its sales revenue the firm has a?

When a firm spends more than it gains in revenue it is called a LOSS.


How is revenue from stock investing taxed?

Taxes on investment gains fall into two categories, long and short term capital gains.


What part of an industry does a worker's education contribute?

human capital Human capital is the knowledge and skills a worker gains through education and experience.


To what part of an industry does a worker's education contribute?

human capital Human capital is the knowledge and skills a worker gains through education and experience.


Definition of an outreach worker?

An outreach worker is a liaison between a client and community services. The outreach worker gains the trust of the client and works on their behalf with available community services in order to assist the client.


When a carnivorous plant captures and digests insects the most important result is that it gains additional?

Carnivorous plant captures and digests insects, the most important result is that it gains additional food. This additional food is generally in the form of proteins. Thus these plants suppliment their requirment of Nitrogen in the areas where nitrogen is deficient in the soil.


What do you call an atom that gains or loses electrons?

An atom that gains or loses electrons is called an ion. If it gains electrons, it results in a negative ion called an anion. If it loses electrons, it results in a positive ion called a cation.


What is the energy change that occurs when an atom gains electrons called?

The energy change that occurs when an atom gains electrons is called the


What is the Difference between revenue and capital gains?

Revenue is income from labor, services, etc. Usually it is taxed at the highest rate. Capital gains is income from buying a stock or a house at one price and selling it at a profit. Usually it is taxed at a lower rate due to the fact that some of the capital gain is due to the government printing money or expanding the money supply. In other words, you by a house and sell a house for more, but you really just have enough money to buy another house, that is more money but not more purchasing power. Where it gets tricky is in hedge funds where the manager is paid a management fee out of capital gains. It has similarities to revenue, but is taxed at the lower capital gains rate.


What atom that gains an electron is called?

an anion