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This discussion is about the excerpt from "Office Space." Respond to the following questions:
a. In the movie Peter says: “It’s not that I am lazy. It is that I just don’t care…The problem is one of motivation.” What kind of problem is depicted in the movie? Is it one of moral hazard or adverse selection? Explain.
b. The consultant mentions a “Stock option equity-sharing program” to provide incentives for Peter to work harder. Explain in detail how such programs are used motivate employees. What kind of incentive problems do they solve?
c. Do you believe that such an incentive program will be successful in providing incentives for employees like Peter to work harder? Explain. Defend your viewpoint.
Write down a formula that express the marginal product of labor in the short run as a function of the amount of labor used.
Describe the output level where average variable costs are minimized. Determine the output level where marginal costs are minimized.
Elucidate why these companies oppose laws allowing reimportation of drugs to the United States.
q1. suppose a consumer has an income of 500 and faces prices px5 and pz10. write the equation for the budget
q.use the following graph for yolandas frozen yogurt stand to answer the questions that follows.a. to compute the price
Anyone who has ever eaten crabs from the Chesapeake Bay knows that the quality of crab cakes declines with the square of the distance from the Bay. Thus, one should never order crab cakes at Red Lobster, for example. Unfortunately, crabs have been ov..
African Americans, then examine through the use of historical evidence whether these factors can elucidate civil rights progress during the "Two Reconstructions".
What will happen to the number of firms, the market supply, and the price of the good as we move from the short run to the long run?
Apply the coefficient-of-variation decision criterion to these alternatives to find out which is preferred by the angel investor, assuming that he/she is risk-averse.
Illustrate what is shop's sales mix Illustrate what is shop's break-even sales volume in dollars. Explain how many bicycles of each type must firm sell to earn a target net income of $50,000.
What do you need to do to handle crisis. SLook at mistaken assumptions described. Why do such assumptions arise, and what can be done to overcome se biases.
Suppose that Lorena consumes only three different goods: steak knives, butter knives, and butcher knives. If, according to Lorena’s preferences, butter and butcher knives are inferior god, must steak knives be a normal good?
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