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Some workers in the economy are paid a flat salary and some are paid by commission. Which of compensation scheme would require more monitoring by supervisors? In which case do firms have an incentive to pay more than the equilibrium level (as in the worker effort variant of efficiency-wage theory)?
The firm is considering a movement of the plant to Shenzen, China where labour is cheaper. The same mathematical relationship between inputs and outputs will hold.
Economic forecasters predicted that consumption also GDP would increase because of higher refunds on income taxes.
A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B ..
An open macroeconomic model is represented parametrically as follows
Determine the main differences between re-engineering and continuous Improvement as Quality Management Philosophies?
The Federal Reserve System [Fed] has a huge measure of political independence. The Board of Governors, appointed through the United States president and confirms by the United States Senate, serve fourteen year terms.
If the demand elasticity for a product is -2, and a profit-maximizing company sells the product for $10, determine its marginal cost?
Eastman Publishing Company is considering publishing a paperback textbook on spreadsheet application for business. The fixed cost of manuscript preparation
If the U.S. economy is operating near full employment and the exhange rate increases(the dollar appreciates),
Supply demand analysis to elucidate how the prices of untaxed consumption items can be affected by the retail sales tax even though they are not subject to taxation.
Suppose that American households change their tastes such that they want to save more at every level of income.
Japanese consumers or Japanese rice farmers If we added all the gains and losses to the Japanese,would there be a net gain or net loss Who would make a greater effort lobbying for or against this reduction in trade barriers: Japanese consumers or ..
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