According to the rule for optimal input usage a film should, Ask an Expert

Economics

Q. According to the rule for optimal input usage, a film should hire a person as long as her marginal income product is greater than her marginal cost to the company. It is well known to many companies have management training programs in that latest trainees are paid relatively high starting salaries also are not expected to make substantial contributions to the company until after the program is over ( programs may run among 16-18 months). In offering such training programs, is a company violating the optimality rule?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9169855

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