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How might payment of an efficiency wage (a) reduce shirking by employees and (b) reduce employee turnover? What is the implication of the efficiency wage theory for unemployment? In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages?
Find out the percentage change from last year to this year in the United States' nominal exchange rate with Russia
calculate the price elasticity of demand for each product and compare with your teammates' elasticities.
what does your anticipated adjustment process imply about the CR for the industry. industry B has 20 firms and the concentration ratio is 85%
Explain how might you make profits by purchases or sales of bonds now,with the intention to sell in a few months' time.
Then do similar for every of the determinants of supply in Equation 2.2. In every instance, would equilibrium market price increase or decrease.
The interest rate is 25% (0.25), and there is no inflation. Illustrate what is Mandy's optimal consumption in period 1.
Homo sapiens production possibilities curve have shifted outward to the right much more rapidly than that of Neanderthals
Now suppose that management believes the probability of weak demand in 2009 is 25% and the probability of strong demand is 75%. Using mean-variance analysis, explain which level of output should be chosen.
Doing the work on paper and then writing the answers in Excel does not count as work and will earn zero points for this part of the assignment.
Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure.
Assume that Ms. Thompson is currently exhausting her money income by purchasing 10 unites of A and 8 unites of B at price $2 and $4 respectively. Elucidate what these data suggest about Ms. Thompson.
As per to Global Insight, a Massachusetts economics consultancy, elucidate what will happen if oil prices remain in the range of $65 to $70 per barrel for a couple of more months.
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