Rational for a firm to retain an employee

Assignment Help Business Economics
Reference no: EM132140717

Would it ever be rational for a firm to retain an employee whose current marginal revenue product is less than her current wage? Explain.

Reference no: EM132140717

Questions Cloud

What is the equilibrium income level : Suppose that government purchases are reduced by $100 billion. What is the new equilibrium level of income?
Percent below poverty level : How does the "percent below poverty level" compare to the national rate?
Research the access to essential health commodities : Research the access to essential health commodities. Medical innovations are failing many patients globally. Describe the issues, barriers, and challenges.
How does a high-tech industry differ : How does a high-tech industry differ from most other industries? Provide two examples.
Rational for a firm to retain an employee : Would it ever be rational for a firm to retain an employee whose current marginal revenue product is less than her current wage? Explain.
Development of internet surveys affected survey : How has the development of Internet surveys affected survey designs?
What are estimated total costs : Using the high-low method with the 2016 and 2017 data to determine the parameters of the cost function, what are estimated total costs in 2018
Describe the electronic medical record system : Describe the electronic medical record system at your current or former organization, or one with which you are familiar.
Greenfield investment and an acquisition : What is the difference between a greenfield investment and an acquisition? Which form of investment is a firm more likely to choose?

Reviews

Write a Review

Business Economics Questions & Answers

  The personal contacts were fairly casual

Simon Langlois studied government employment in Quebec. He found that even though the government had made efforts to formalize recruitment, over 40 percent of those surveyed found their jobs through personal contacts. In the majority of those cases, ..

  What is the purpose of economic sanctions

What is the purpose of economic sanctions? What problems do they pose for the nation initiating the sanctions? When are sanctions most successful in achieving their goals?

  What are the dangers of the gardasil vaccination

What are the dangers of the Gardasil vaccination? If it is so bad, why were so many parents pro vaccination before?

  Implement to improve its growth prospects

Brazil has a population of about 200 million, with about 145 million over the age of 15. Of these, an estimated 25 percent are functionally illiterate. The typical literate individual reads only about two no academic books per year, which is less tha..

  When the consumer price index

General Electric paid its line workers $12 per hour last year when the Consumer Price Index was 100. Suppose over the past year that deflation occurred and the aggregate price level fell to 90. Instructions: Round your answers to two decimal places. ..

  Describe the tragedy of the commons

Describe the tragedy of the commons. What problems are presented by the tragedy of the commons for moral evaluation of technological development? How would you address these problems?

  Price of olives in terms of beer

Suppose that Greece and Switzerland both produce beer and olives. Greece's opportunity cost of producing a crate of olives is 5 barrels of beer while Switzerland's opportunity cost of producing a crate of olives is 10 barrels of beer. Based on your a..

  Peer-reviewed articles from specialization

Using Gelso (2006), Harlow (2009), Wacker (1998), and five additional peer-reviewed articles from your specialization, discuss scholarly views on the nature.

  Using the straight-line method

An asset is purchased for $745,000 today. It will have a $76,000 salvage value after 5 years of use. Using the straight-line (SLN) method, calculate the depreciation charge for year 2 and the book value at the end of year 2.

  Qconsider the following demand as well as schedule for

q.consider the following demand as well as schedule for bottles of watercost p quantity demand as well as used by

  What is specificreal-life example of seller

What is a specific, "real-life" example of a seller in the world today that meets the definition of a price taker? Your posting should be at least two paragraphs long and specifically identify the undifferentiated product (remember - no brand names h..

  Intimate connection between politics and economics freedom

There is an intimate connection between politics and economics, and different systems of the two can only exist side-by-side in certain pairings. For instance, says Friedman, a society which is (economically) socialist cannot also be (politically) de..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd