Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Recently in the news, there was a story about how a local city found itself in quite a financial bind due to the contracts the mayor had signed with the employees union. The contracts were so generous that it left the city with very little money for other things, like parks and festivals. Unfortunately, this type of agency problem is not unique. We see similar problems when school boards agree to contracts with teachers unions. However, we shouldn't think of these outcomes as specific to government officials and public employees' unions. We can see it in our own class. Throughout the course, you were asked to evaluate your team members' performances. While there were a couple of people who rated others critically, most rated everyone either at a perfect score of "10" or close to it.
One of the keys to effective management (and economics) is to recognize incentives. First, explain how both situations (the city and the class) described above are agency problems. (Be sure to identify who is (are) the principal(s) and who is (are) the agent(s).) And second, how can the incentives be changed to get better results for both the listed contracts and for this class?
Discuss the importance of law and the requirements to amend them reqularly.Cite examples from perspective of Oman and explain with evidence the importance, advantages of the commercial agreements between Sultanate of Oman and foreign countries.
Due to the increase in price, the supplier will earn how many dollars of new revenue?
how should he change his bundle to reach his optimum? Explain your answer using the marginal utility condition at the optimal choice.
Design an experiment. Select an independent variable and a dependent variable. What are some possible extraneous variables that may cause problems? Explain how you would control for the effects these variables may have on your dependent variable. Is ..
Explain in words the inflationary consequences of an upswing in aggregate demand. Assume the economy is initially at equilibrium and make sure you adequately explain the transmission mechanisms as well as the final result.
From the diagram what is the profit maximizing output of the monopolist? Why? From the diagram what is the price that the monopolist charges on each unit she sells. Briefly explain. Compute the Monopolist's profit?
There is one scenario where the unemployment rate would probably be underestimated due to the discouraged worker effect. One where the rate would probably be underestimated due to underemployment.
List all criminals along with the crime charges filed. The report needs to include the criminal ID, name, crime code, and fine amount.
Explain how the law of diminishing marginal utility is related to the law of demand.
If demand of new housing has continually increased together with the number of new houses built, what is the impact on the market price and quantity?
Graph the demand curve Q = 20 – 5P. What is the slope? What is the total value when the price is 2? The total expenditure? The consumer surplus?
The government expenditure multiplier and the tax multiplier are
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd