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Who Should Draft a Union Contract in Game Theory?
The UAW labor contract with General Dynamics expired in October 2001. In the months preceding the expiration date, bargaining teams for the UAW and General Dynamics met to negotiate a new contract. All contracts must be ratified by the union members. Some of the many issues on the table included job security, health benefits, and wages. If you were an executive in charge of human resource issues at General Dynamics, would you be better off
(a) letting the union bear the expense of crafting a document summarizing its desired compensation, or(b) making the union a take-it-or-leave-it offer? Explain.
Express the effects of government economic policies which could have on the sales of the Escalade
Which of the following is the result of competing through advertising for a monopolistically competitive firm? Which of the following is true about advertising?
Illustrate what is the estimated size of the union salary advantage. How might this advantage diminish the efficiency with which labor resources are allocated.
Taiwan Electronics produces 3 models of the CB radios, A, B, and C-Employ the transportation model to find out the best production schedule.
Illustrate what does the fundamental assumption of marginal utility theory suggest about the connection between money and happiness.
Assume a indiidual has $8 to spend only on apples and bananas.
What is the firm's cost function when the cost of pollution certificates is included? What is the firm's marginal cost function when the cost of pollution certificates is included? Derive the firm's supply function.
Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low
A marketplace has only two sellers. Both are trying to decide on a pricing strategy.
Assume the Disney Company was experiencing above normal benefits. What would you predict would happen over time
Compare the advantages as well as disadvantages of fee for service payments and a DRG-based payment system
Calculate the multifactor productivity figures for labor and capital together. Elucidate why these figures might be greater in the subsidiary.
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