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Problem
1. Think of a few examples of incentives in your daily life. How do you respond to those incentives?
2. You supervise a team of salespeople. Your employees already receive a company discount. Suggest a positive incentive and a negative incentive you could use to improve their productivity.
In 1914, Henry Ford increased the wage he paid workers in his car factory in Dearborn, Michigan to $5 per day. This wage was more than twice as much as other.
What specific elements from our learning this week would you include in your supply strategic plan if you were Rick Coyne and why?
woodco manufactures tables and chairs. each table and chair must be made entirely out of oak or entirely out of pine. a
What is the difference between the price paid by consumers and the price received by producers? Has the quantity of beer sold increased or decreased?
List all possible winning coalitions
What is the time value of money and how can compound interest be used to calculate the present value of any future amount of money?
How has the legalization impacted the market for this good? In light of your readings for this week, how would you anticipate the market to change over the next few years?
Compute Florence's MRS of all other goods for travel. (In other words, compute her MRS with travel on the horizontal axis.
At which A-values does a bifurcation occur in y' = A and Find the equilibrium points for y' = y + Ay2.
You win a lottery. You have the choice of two ways to be paid. If you pick Payout Scheme X, you get $2,750 today. If you pick Payout Scheme Y, you get three payments: $1,000 today, $1,000 one year from today, and $1,000 two years from today. Which ch..
(Money Supply Versus Interest Rate Targets) Assume that the economy's real GDP is growing. a. What will happen to money demand over time b. If the Fed leaves the money supply unchanged, what will happen to the interest rate over time
Those who advocate that the Fed target monetary aggregates, usually argue that the Fed should not alter its monetary targets in response to temporary changes in macroeconomic conditions, yet those who advocate interest rate targeting never recomme..
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