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For the firm, the major goal of profit sharing plans is to: <br/>For the firm, the major goal of profit sharing plans is to: force workers to incur some of the business risk. overcome the monopsony problem of having to pay higher wages to attract additional workers. overcome the principal-agent problem by better aligning the workers'' interests with those of the firm. reduce total compensation payments.
1. employment hardship - it has been implied that unemployment rate should be replaced with an employment hardship
the chief economist for argus corporation a large appliance manufacturer estimated the firms short-run cost function
according to classical economists the aggregate supply curve isa.vertical in both the long run and the short runb.
cameron and tyler winklevoss were classmates of mark zuckerberg at harvard university. they and one other individual
To maintain utility constant an income adjustment brought the student to consume the basket (61,92). What are substitution effects and the income ?
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Other things being equal, a rise in a country's terms of trade increases its welfare. What would happen if we relax the ceteris paribus assumption, and allow for the law of demand to operate internationally.
The scientific method is more difficult for economists than, say, chemists, because: a-controlled laboratory conditions are more problematic in economics. b-it is difficult to hold other factors that may affect the variables being studied constant in..
One of the major problems facing Cisco Systems and other direct sellers is
If the merged firm were able to exploit economies of scale it would affect costs, may be even marginal costs. Assume the marginal cost of the merged firm was not 40, but 30. Is the merger profitable in this case?
you have been hired by a new firm seling electronic dog feeders. your client has asked you to gather some data on the
dayton metal corporation dmc a medium-sized manufacturer of fabricated metal parts is considering whether to enter the
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