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A salesperson can put in regular effort (resulting in a 40% chance of sale) or high effort (60% chance of sale). If high effort costs the salesperson $20 more than regular effort, how large of a per-sale bonus is needed to encourage high effort?
1. what are opportunity costs? how do explicit and implicit costs relate to opportunity costs?2. if the average total
write a 3 to 4 page apa-formatted paper in which you address the questions below. use at least three cited references
1. suppose the price elasticity of supply for new homes is 0.25 in the short run and 1.05 in the long run.a. if the
the mission statement for the organization of petroleum exporting countries states the mission of the organization of
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
consider the cobb douglass utility function ux y x16y56 of a typical student. x denotes time spent studying and y
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a assume that the consumer price indexnbsp cpi for the period 2004 -2008 has the following valuesnbspnbspnbspnbsp
Suppose that the banking system is in reserve equilibrium. The Fed conducts an open market buy of Treasury securities in the value of $1 billion.
Through periods of inflation, all prices increase. Inflation rates differ across regions mainly because of differences in housing prices.
after you complete your mba you decide to open a business named directdelivery. directdelivery is a courier service in
do some research and find the fiscal policy approach used by the u.s. china germany and the u.k. from 2008 until
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