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A firm that makes car parts wants to adopt pay schemes that will best motivate its various workers to be productive and they hire you as a consultant.
Seats are assembled by teams of workers. The firm can accurately observe the output of each team, but not individual workers within a team. What problems might the firm encounter if output is based on team productivity? How might your answer vary with the size or composition of the teams?
q1. assume you are part of a research team evaluating a proposal to clean up a dangerous squander site. you are in
Illustrate what percentage does equilibrium cost level differ from its initial value if output increases to Y = 106 (and r remains at 0.10).
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
borrow 1000 at t=0. Make exact interest only payments at the end of each year for 4 years and at the end of the 4th year repay the entire principal in addition to the last interest payment. borrow 10000 at t=0. Pay a principal payment each year of 25..
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
What will happen to price of old car taken as an inferior goods whose substitute is new car if income of the people rises.
q.on friday august 5 2011 the rating agency standard and poors downgraded the u.s from aaa to aa. however the other
Green home is define as an Energy Efficient Home using Energy Star Rating. The cost doesn't have to be exact, all I need is how to formulate my Cost Benefit Analysis and how to compute my ROI or Pay Back Time.
Calculate point price elasticity a a price of $3 and calculate the point price elasticity at a point of $9. Is the demand price elastic or inelastic at these points?
Describe what happens after the technological change. What happens to the wage in the long run? What happens to the population size in the long run?
He starts this year with nothing in the bank and ends next year with nothing in the bank. Draw his budget constraint in E1 - E2 space.
Briefly explain why the three variables are appropriate explanatory variables to predict the consumption of services or why they are related to consumption.
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