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This discussion is about the excerpt from "Office Space." Respond to the following questions:
a. In the movie Peter says: “It’s not that I am lazy. It is that I just don’t care…The problem is one of motivation.” What kind of problem is depicted in the movie? Is it one of moral hazard or adverse selection? Explain.
b. The consultant mentions a “Stock option equity-sharing program” to provide incentives for Peter to work harder. Explain in detail how such programs are used motivate employees. What kind of incentive problems do they solve?
c. Do you believe that such an incentive program will be successful in providing incentives for employees like Peter to work harder? Explain. Defend your viewpoint.
A profit maximizing monopolist hires workers in a perfectly competitive labor market. Employing the last worker increased the firm’s total weekly output from 110 units to 111 units and caused the firm’s weekly revenues to rise from $25,000 to $25,750..
The initial cost of constructing a flood control dam is estimated to be $5 million, with annual upkeep costs of $499,526. Annual benefits (e.g., reduced flood damage, agricultural development, and tourism, etc.) are expected to be $1.25 million, wher..
Access and complete the "Eschatology Chart." Complete the chart according to the instructions provided in the chart resource. Define and explain eschatology. Define and explain the theology of hope as discussed in the readings.
Suppose that workers can be hired competitively at a wage of $200. Explain how many workers will they hire at this wage.
q1. hillary proposes instead that she specialize in making clothing i.e. shell do all the clothing production for the
Which one of the subsequent was not a contributing cause of the decline in investment also thus the recessionary expenditure
An engineer decides to set aside money in a 529 Plan for his newborn's college education. He estimates that the child's needs will be $48,000 on her 18th, 19th, 20th, and 21st birthdays. If he plans to make uniform deposits starting 3 years from now ..
Illustrate what is the new level of gross national debti. If 100 percent of the deficit is financed by the sale of securities to federal agencies.
Find out statistics on the web from 2004 to present on following indicators of the macroeconomic conditions of the U.S. economy.
How much is this account worth after 28 years? Submit your answer to the nearest dollar. What is the effective interest rate of an investment if the nominal annual interest rate is 7.77%.
If the central bank (the Federal Reserve) keeps printing money and lowering the interest rates to get consumers buy and businesses to borrow money, then the economy will improve. Do you agree with the statement?
q.you are the manager of a manufacturer that sells protective cases for the samsung galaxy. samsung produces half of
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