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Your company currently has a bonus plan for its sales managers. If annual sales for a manager's unit exceed $1 million, the manager receives a $10,000 bonus. In a typical year, about five of the 10 managers in the firm meet the target and receive the bonus. However, the number receiving the bonus varies from year to year due to the state of the economy, which in turn has an effect on sales. The company is considering replacing the bonus plan with a plan that rewards the top-five selling managers each year with a $10,000 bonus.
Discuss the potential benefits and costs of the new plan relative to the old plan.
Assume that the current market rate of interest is 10%. The market rent on a parcel of land is $6,000 per year. A 10% land tax is imposed. As a result of the tax,
Suppose the effect size of your research study is very large. What does this tell you about your results? If you were not able to reject the null hypothesis and determined that the statistical power of the study was low, what could you do to incre..
You would like to know what the marginal costs and marginal benefits of this decision are. That should depend on factors like:
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related
1.Give three examples of oligopolistic industries. In what ways do the firms in each of these industries compete? Why do they choose to compete in the way that they do?
Explain how the vision that you have developed can be used to guide and motivate product development teams. How will it inspire others team leaders and team members?
Assume the market price of sugar is twenty-two cents per pound. If a sugar farmer produces 100,000 pounds, the marginal cost of sugar is 30 cents per pound.
Orange Corporation is evaluating its financing needs for the coming year. The company has been in business for only three years, and the company's chief financial officer
The president of a small firm has been complaining to the controller about rising labor and material costs. However, the controller notes that the average costs have not increased during the past year. Is it possible?
Why is it difficult to use fiscal policy to fine tune the economy?
It is often argued that international convergence of economic indicators is a desirable objective. Does this mean that countries should all seek to achieve the same rate of economic growth, monetary growth, interest rates, and budget deficits as a pe..
If a developing country has a comparative advantage in primary products, should the government allow market forces to dictate the pattern of trade?
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