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As an employer wants to reduce the production cost during the economic recession, he or she could choose to (1) lay off some workers without changing wages or (2) keep all workers but cut wages for all. Which method would you choose? Why?In an effort to reduce production costs there are many factors to consider in whether to lay off workers or reduce workers wages. For one, if workers are laid off is the company able to keep up the necessary levels of production output for revenue to remain above costs? If costs were reduced, would current workers leave in search of a better paying job? In either scenario would morale and employee satisfaction falter leading to a decrease in production and therefore revenue? Both cases could lead to decisions that create bad publicity as the company would be either letting people go or taking away money, but is one a better situation?
What is the investment's net present value when the discount rate is 16%? Refer to your calculations. Is this an acceptable investment? Why or why not?
The following questions refer to a company, whose manager recently estimated its average variable cost function to be;
Define demand-side and supply side policies. Sometimes it is said that Keynesian s advocate demand side policies and monetarists advocate supply side policies. Is there any accuracy in this statement?
Dr. Filly invests $100 in a risky asset and a risk free asset. The risky asset has an expected return of 12 percent and a standard deviation of 15 percent, while the risk-free has a return of 5%.
If contract promises were not excused because of acts of war, would the clearing and settlements clients of Bank of New York change their behavior? If so, how? What reliance behavior would be considered efficient? What reliance behavior would be cons..
What quantity should Tom order if he wishes to maximize his expected profit? What is the total profit for the supply chain now?
Does this observation about Japan imply that the economic model does not explain behavior in Japan? Explain.
Based on the changing environment, as well as demographics in 21st Century America, there are many burgeoning issues and hurdles the U.S. Health Care System faces. As part of the preparation for your assignment, view the video titled "Health Care Iss..
1.For what reasons might the price of foreign holidays rise? In each case, identify whether these are reasons affecting demand, supply, or both.
This paper's objective is to give you an introduction into conducting an empirical research and presenting the results of that research in a professionally written paper. To carry out this research, you will identify an economic relationship (or a d..
Determine which ones should be chosen Explain your recommendation - Using a B/C method for evaluations,
If a manager that takes over a furniture factory and realizes immediately that it was throwing away at least $100,000 a year worth of wood scrap
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