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Question
Local restaurant experienced a high rate of employee turnover at all positions: from entry-level and server jobs, all the way up to shift supervisor and area manager levels.
Why did their enactment of a policy of exclusively promoting from within the organization reduce their turnover problem in these supervisory roles?
One factor that was responsible for roughly one-fifth of the hybrid vehicles purchased in 2007 was a federal subsidy of up to $3,400 per hybrid vehicle increase in sales due to this subsidy is an example of which of the elements of the economic way o..
If the government decides to spend an extra $5 billion on fighter jets that they would otherwise have spent on road construction, and the MPC = 0.75, what is the effect on AD?
Based on the article Nearshoring in Latin America, what are the short- and long-term implications of nearshoring given the current economic conditions?
(Edge worth box) Suppose Jimmy and Rita are in an exchange economy. Their endowments: apples and oranges. Suppose further that both Jimmy and Rita’s utility functions are concave in the two goods. If the initial allocation is that one party has all o..
Determine the difference in the present worth values of the following two commodity contracts at an interest rate of 8% per year. Contract 1 has a cost of $10,000 in year 1; costs will escalate at a rate of 4% per year for 10 years. Contract 2 has th..
Use a supply-demand graph to demonstrate how the quantity and price of medical services are expected to be affected if we went from a world without insurance to a world where the government covered 90% of all medical costs. Assuming that prices are s..
What effect will this have on the demand and supply of loanable funds? How will this affect the real interest rate and the quantity of investment?
The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease. Answer the following
Suppose that the representative firm needs to use its net worth as collateral to finance its investment projects. When net worth is high, the firm has more collateral and can invest more. When net worth is low, the firm has less collateral and must d..
Assume that demand for a commodity is represented by the equation P = 10 – 0.2 Q d, and supply by the equation P = 2 + 0.2 Qs where Qd and Q s are quantity demanded and quantity supplied, respectively, and P is the Price. Use the equilibrium conditio..
Your brother has decided to purchase a new automobile with a hybrid-fueled engine and a six-speed transmission. After the trade-in of his present car, the purchase price of the new automobile is $30,000. This balance can be financed by the auto deale..
This year's harvest is 10 million bushels. Calculate the price elasticity of demand at that point.
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