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Sales personnel, whether selling life insurance automobiles or pharmaceutical typically get paid on commission instead of a straight hourly wage. How does paying a commission help solve the principal agent problem between the owners of a business and the sale force?
How Deming, Juran, Crosby, Feigebaum, Ishikawa and Taguchi can be compared in the real life? Can you identify what is similar between the three and what is dissimilar between them? You are to prepare table ( Comprehensive to compare them on various p..
what is the growth rate of constant- dollar real gdp using year 1 as the base year? What is the growth rate of constant- dollar ral GDP using year 2 as the base year?
Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates, as they do under floating exchange rates.
Which of the following procedures is correct?
If the Fed wished to defend the exchange rate of the $ (i.e. prevent the $ exchange rate from falling) what policy action could it take? Explain.
Illustrate what does your anticipated adjustment process imply about the CR for the industry. Industry B has 20 Industries also a Concentration Ratio (CR) of 80%.
Assume that an employer believes that the “efficiency” (e) it can get from a particular worker, as a function of the hourly wage (w), is given by function e = –0.125w + 0.15w2 – 0.005w3, at least up to a wage of 30. Which wage gives the highest ratio..
assume that the yearly capital cost is 10% of the total investment. Elucidate at what production quantity ?these two investment are opportunities.
Can you identify the consequences of a strong dollar or a weak dollar in the United States? Which direction do you prefer for the overall health of the American economy? Should the U.S. take measure to ensure that the dollar retains its dominant role..
According to your textbook, the United States has attempted to set policies and establish regulations that are fair and equitable to both users and providers in the transportation industry. What are the advantages and disadvantages of increased regul..
An associate made the following statement: “My regression model of demand is better than the one the consultant prepared for us because it has a higher R2. Besides, my equation has three more independent variables and so is more complete.” Comment on..
For five years, an oil drilling company has operated profitably in the state of Alaska (the only place it operates). Last year, the state legislature instituted a flat annual tax of $100,000 on any company extracting oil (or natural gas) in Alaska. H..
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