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Suppose a firm uses sales teams to market their products. For example, a construction equipment manufacturer may assign three sales agents to a team so each team member can specialize in particular product functions (e.g., mechanical systems, electronic systems, and software systems). What are the potential drawbacks of hybrid pay for firms that employ sales teams? What are the drawbacks of hybrid pay for the members of the sales teams? Can we alter the hybrid scheme to overcome these drawbacks?
Derive an equation for marginal revenue of the monopolist. Graph the demand and marginal revenue curves.
Per capita income in County A is $45,000. Per capita income in County B $38,000. Physician visits average 3.4 per year in County A and 3.2 per year in County B. What is the arc income elasticity of demand for visits?
Limited partnership arrangements alleviate which traditional problem associated with real estate investments.
"Neither monetary policy nor fiscal policy alone can be effective in formulating sound economic policies for recession." Do you agree or disagree.
Which would be better for stimulating the economy; a tax cut, or a spending increase? Why do you think as you do?
The internal rate of return on an investment refers to the interest rate earned from the income of an investment. The meaning of Internal Rate of Return is best stated as a measure of the interest rate that makes the incomes and the expenses equivale..
If skilled machinists with advanced computer training and computer operated lathes are complements in production in high tech manufacturing but computer operated lathes are substitutes in production for machinists without computer training (unskilled..
There are two players 1 and 2. re are two cards: "High" and "Low". Player 1 chooses at random one card. Write a strategic form also find optimal strategy of player.
Which of the following would be automatic stabilizers? Employment-insurance payments. Cost-of-living escalators in government contracts and pensions. Free university tuition for unemployed workers after six months of unemployment, provided that they ..
q.assume a consumer has preferences represented by the utility function uxy minx3y. assume px 1 and py 2. draw the
Would it be more effective to tax in the different rate between the different states based on how much negative externality it were cause?
There are two firms in an in an industry. Let q1 and q2 be the two firms in an industry and Q= q1 + q2 be the total output. The inverse demand in the industry if P (Q)= 45 – Q. The cost function for each firm is C(qi) = 9qi. The market outcome under ..
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