Us trucking pays its drivers 40000 per year while american

Assignment Help Business Economics

Reference no: EM13352682

U.S. Trucking pays its drivers $40,000 per year, while American Trucking pays its drivers $38,000 per year. For both firms, truck drivers average 240,000 miles per year. Truck driving jobs are the same regardless of which firm one works for, except that U.S. trucking givers each of its trucks a safety inspection every 50,000 miles, while American Trucking gives each of its trucks a safety inspection every 36,000 miles. This variation in safety inspection rates outcomes in an unusual rate of fatal accidents between the two companies. In particular, one driver for U.S. Trucking dies in an accident every 12 million miles while one driver for American trucking dies in an accident every 15 million miles. Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms?

Reference no: EM13352682

Questions Cloud

Q assume that capital goods are on the vertical axis of a : q. assume that capital goods are on the vertical axis of a production possibilities graph and that consumer goods are

Q a locus in mice is involved with pigment production when : q. a locus in mice is involved with pigment production when parents heterozygous at this locus are mated 34 of the

Qassume firm ys production function is given by the : q.assume firm ys production function is given by the following cobb douglas equation q 0.5 x l0.6 x k0.5 where l

Q1 in drosophila a cross was made between a yellow-bodied : q1. in drosophila a cross was made between a yellow-bodied male with vestigial not fully developed wings and a

Us trucking pays its drivers 40000 per year while american : u.s. trucking pays its drivers 40000 per year while american trucking pays its drivers 38000 per year. for both firms

Q1 what are the six explanation elements in living : q1. what are the six explanation elements in living organisms and where does each occur in the atmosphere hydrosphere

Qa toy manufacturer launched a new toy truck last year : q.a toy manufacturer launched a new toy truck last year which was a huge success. 2.5 million invested by company for a

Q1 an electric field with a magnitude of 170 nc exists at a : q1. an electric field with a magnitude of 170 nc exists at a spot that is 0.11 m away from a charge. at a place that is

Qa company is considering buying a new machine two : q.a company is considering buying a new machine. two different models are available on the market.marr is 10.data

User Account

All Pages