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Communities are frequently concerned about whether police are vigilant in carrying out their responsibilities. Several communities have experimented with incentive compensation for police. In particular, some cities have paid members of the police force based on the number of arrests that they personally make. Discuss the likely effects of this compensation policy.
1.For what reasons is the average gross weekly pay of women only 76.4 per cent of that of men in the UK?
"A characteristic of oligopolistic market is that, once the general price level is established it tends to remain fixed for an extended period of time." Discuss the economic rationale underlying this phenomenon.
1.Explain why the price of a good is no reflection of the total value that consumers put on it.
Discuss and explain two factors that would increase demand for labor. Suppose if the market price of the good or service that a firm produces increases, what happen to the demand of labor
Need help with a paper that uses the material in Managerial Economics to analyze, compare, and contrast some of the most popular online auction sites.
1. Why do banks hold a range of assets of varying degrees of liquidity and profitability?
What is meant by cumulative voting, classified board, and voting by proxy? What are the benefits and costs of corporate voting over the Internet? Do you think this type of voting will increase in the future?
1.If an industry regulator adopts an RPI X formula for price regulation, is it desirable that the value of X should be adjusted as soon as cost conditions change?
What is meant by the demand for money? Which way does the demand curve for money slope? Why? Your response should be at least 75 words in length.
Discuss how the concepts addressed in this course would or could benefit someone not planning a career in economics. Explain your rationale
1.Why is it difficult to test the assumption that firms seek to maximize long run profits?
What is the expected level of sales each week when Robinsons Inc spends $40 000 per week and the combined advertising expenditure for the three rivals are $100 000 per week?
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