What story added value to military equipment produce by firm

Assignment Help Econometrics

Reference no: EM13220076

Consider a firm that produces military equipment. It employs 2,000 workers and pays each of them a competitive wage of $40,000 per year; its total labor costs are therefore $80 million per year. The firm also has other, non-labor costs of $30 million per year. Last year, the CEO of the company paid a lobbyist $1 million to help arrange a meeting with key members of Congress. That meeting led to a deal in which the firm sold $150 million worth of equipment to the U.S. military. The board of the company was so pleased with the CEO that it gave him bonus pay. All told, the CEO earned $10 million that year--250 times what the average line worker earned. The remaining $29 million of earnings was distributed to shareholders. Which of the people in this story added value to the military equipment produced by this firm? I. The workers II. The lobbyist III. The CEO IV. The U.S. Military V. The shareholders A. I only B. I, II, III, IV, and V C. I and III only

Reference no: EM13220076

Questions Cloud

Write a sample program that asks for the center : Write a sample program that asks for the center and side length, then prints out the square (using the toString method that you inherit from Rectangle) and the area of the square.

Can we conclude from the bet that geoff is risk-averse : Geoff and Hank are friends who are attending a "casino night" at a charity fundraiser. The event costs $100 to get in, which they have already paid. Once inside, there's a table at which you can gamble: for $10, you can flip a coin.

Write a program that computes the cost of a long-distance : Write a program that computes the cost of a long-distance call. The cost of the call is determined according to the following rate schedule: a. Any call started between 7:00 A.M. and 9:00 P.M.

Explain the engine cylinder temperature : What is the maximum height, neglecting all forms of friction, to which a car of mass 1000 kg an be driven on 1.00 gallon of fuel given that the engine cylinder temperature is 2000 degrees celsius and the exit temp is 800 degrees celsius.

What story added value to military equipment produce by firm : Consider a firm that produces military equipment. It employs 2,000 workers and pays each of them a competitive wage of $40,000 per year; its total labor costs are therefore $80 million per year. The firm also has other, non-labor costs of $30 million..

Indicate whether or not there is a carry : 1 ) What is the base-10 equivalent of: 1111, a 4-bit one's complement number 4) Add the following 16-bit 2's complement numbers (represented in Hex): 78CF + FAB4 and indicate whether or not there is a carry and/or an overflow generated. Also, if n..

Write the truth table for a device : The output should be in Binary Coded Decimal representation. 4. Use Full Adders and logic gates to design a device which will multiply a given 4-bit signed input x by -2.

Create a details element that displays the summary : Write an HTML5 element (or elements) to accomplish each of the following tasks: a. Students were asked to rate the food in the cafeteria on a scale of 1 to 10.

Explain what individual atoms or functional groups : What individual atoms or functional groups could you add to the carbons to make the molecule hydrophobic?

User Account

All Pages