Some workers in the economy are paid a flat salary

Assignment Help Macroeconomics
Reference no: EM13331219

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)?

Reference no: EM13331219

Questions Cloud

What is their velocity just after the collision : A 0.0250 kg bullet moving horizontally at 400 m/s embeds itself into an initially stationary 0.500 kg block. What is their velocity just after the collision
Compute the number of units : Compute the unit sales price at which the Monteiro Manufacturing Corporation must sell its umbrellas in 2012 in order to earn a budgeted profit of $200,000 - Compute the number of units that must be sold at the old price to earn $200,000.
Discuss the rationale for government regulation of firms : Discuss the rationale for government regulation of firms with market power. Is regulation in the consumer’s interest or in the producer’s interest and how might this control special interest groups?
Explain what is the half-life of the reaction : Consider the reaction at 25C 2NO2 --> 2NO + O2 The overall rxn rate = k[NO2]2. The rate constant, k = 1.4 × 10?10 M?1 s?1. If 3.8 moles of NO2 are initially present in a sealed 1.00 liter vessel at 25 C, what is the half-life of the reaction
Some workers in the economy are paid a flat salary : 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 ..
Calculate the initial and final kinetic energies of system : A thin block of soft wood with a mass of 0.074 kg rests on a horizontal frictionless surface. Calculate the initial and final kinetic energies of the system
Explain what is the final temperature of the block : what is the final temperature of the block after the evaporation of the alcohol. Assume that the heat required for the vaporization of the alcohol comes only from the aluminum block
How is the adoption of an enterprise security framework : 1. Identify and discuss at least three major evolutionary steps in digital computing/networking experienced in major organizations. If possible, provide such insight regarding your current or former organization.
How much force will be required to rupture it : At its narrowest point the femur bone in the human leg resembles a hollow cylinder that has an outer radius of roughly 1.1 cm, how much force will be required to rupture it

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inputs in shenzen compare to angola

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.

  Predicted that consumption also gdp would increase

Economic forecasters predicted that consumption also GDP would increase because of higher refunds on income taxes.

  How the pollution causes damages to two nearby communities

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 ..

  Compute the equilibrium income

An open macroeconomic model is represented parametrically as follows

  Quality management philosophies

Determine the main differences between re-engineering and continuous Improvement as Quality Management Philosophies?

  Determine best targets for the fed

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.

  Calculating marginal cost

If the demand elasticity for a product is -2, and a profit-maximizing company sells the product for $10, determine its marginal cost?

  The publisher plans to sells the text to college

Eastman Publishing Company is considering publishing a paperback textbook on spreadsheet application for business. The fixed cost of manuscript preparation

  Explain why the federal reserve will be less inclined

If the U.S. economy is operating near full employment and the exhange rate increases(the dollar appreciates),

  Supply demand analysis to elucidate how prices of untaxed

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.

  Effect of change in tastes on equilibrium level

Suppose that American households change their tastes such that they want to save more at every level of income.

  Who would make a greater effort lobbying for trade reduction

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 ..

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