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Q. How disparate are returns if you win? As disparity increases => marginal benefit increases. Problems to be solved Participants have an incentive to sabotage rivals => reduce productivity. How do you treat losers? Why do Earnings Rise with Job Tenure? What does human capital theory say? Hint: increased productivity increases wages. How about delayed compensation plans that we discussed above? Which of these two explanations is correct? When we know workers are investing in human capital => do wages rise?
The Department of Public Works also Highways (DPWH) is considering the construction of a new highway through a scenic rural area.
Illustrate what is the economic profit (or loss) of Texas Citrus Company in the short run. Do new orange growers enter the market in the long run.
Explain how much shelter can she buy if she purchases 2 units of food.
Converse why an organization in an uncertain environment requires more horizontal relationships than one in a certain environment
Explain how can each of the 10 principles be applied in an example or experience with which you are familiar. How do you intend to use your newfound knowledge in future economic decisions.
What happens to each of these values if the central bank changes the reserve requirement ratio to 3%.
Under monopoly, still with the price PW which is again label triangle of consumer surplus and the triangle of producer surplus.
AMS recently instituted an in-house recycling program. Profits of this program include not only profits to environment of recycling. Illustrate what level of Q maximizes profit of recycling.
Compute by how much monetary policymakers must change the nominal money supply for the expectations of firms and workers to be realized.
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
Calculate the cross-price elasticity of demand. Given the elasticity you calculated, did it make sense for supermarket to raise its price.
Calculate the forward premium on the British pound for the Dutch investor where exchange rates are in euros per pound. Is it positive or negative? why do investors require this premium/discount in equilibrium.
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