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Determine how plastec compares with other area employers

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Reference no: EM1347093

Suppose the cookie producers create a positive externality equal to $2 per dozen. What is the relationship between the equilibrium quantity and the socially optimal quantity of cookies to be produced?

Address the following questions on Strategic Compensation:

* Elucidate what should Paul, the Director of Human Resources, do to determine how Plastec (a company that manufactures plastic) compares with other area employers in terms of wages and benefits?

* How could Plastec motivate its machine operators to stay? To increase their productivity?

* The majority of the machine operators are in their mid to late forties, some with families, some without. What types of benefits would you suggest offering?

 

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The task is on the subject line of the economics. There are various dangers while working in the plastic industry. How can the same be cope while working in the industry has been the part of the solution. The answers have been accurately answered on these lines.

Reference no: EM1347093

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