As marginal revenue decreases with the unit price, it must be compared with the marginal cost of producing a unit. In this case, if the rise in advertising costs have outpaced the drop in price ...

b). Draw isoquants for Q=4 and Q=9. What is the firm's marginal rate of technical substitution? c). Suppose the price of capital, r, is $1 and the price of labor, w, is $2. How much capital and labor ...

I have good news. According to Jeremy Rifkin, author of The End of Work and The Third Industrial Revolution, you can rest easy. In his new book, The Zero Marginal Cost Society, Rifkin argues that we ...

State Bank of India (SBI) has raised the marginal cost of funds based lending rates, MCLR, with effect from Friday. The tenures for which the interest rates have risen are three months ...