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Post your answer to two of the following questions. I am after an "in your experience" answer that you can share with the class, but the experience could be from your wife's job, your' mom's job, or your best-friend's brother-in-law's job. Protect privacy etc as necessary; don't divulge corporate secrets; don't post a confession to any felony crimes. I will delete any post that introduces the possibility of litigation. Keep your answers as brief as possible. I want you to read all other answers-so how long would you want your classmates' answers to be? If you error on the side of brevity, I will ask for more. Remember only answer two questions.
1. Consider a previous job and the system the firm used to solve the principal-agent problem. Did the compensation scheme solve or amplify the principle-agent problem? Did the compensation scheme create any moral hazards? If so, how did the firm (or the employees) deal with the moral hazards?
2. What role does economies of scale or scope play in your industry? What has your firm done to exploit economies of scale and scope? When answering this question, also address whether scale/scope affects the number and size of firms in the industry.
With respect to three goods - ice cream, green tea, and digital cameras
demonstrate graphically the cost of income taxation of 30 to consumers and producers for an income of 27908?how does
As a result of increased tensions in the Middle East, oil production is down by 1.2 million barrels per day-a 5 percent reduction in the world's supply of crude oil.
Describe the market structures to which this rule applies - Costs of Production
What is the level of productivity in this economy
a city government is considering increasing the capacity of the current waste-water treatment plant. the estimnated
nancy is deciding on an optimal schooling strategy. she currently has zero years of schoolingand knows she will live
You are purchasing a 8-year discount bond with a face value of 804. At the time of purchase it had an interest rate of 5%. Calculate the price of the bond that you are purchasing. Please express your answer in dollars to the penny. You should enter a..
general hospital a not-for-profit acute care facility has the following cost structure for its inpatient services?fixed
Define economies of scale. Is there evidence of economies of scale in the airline industry. Consider Low-Cost-Carriers. In large commercial aircraft manufacturing
How does the demand curve faced by a perfectly competitive firm differ from the market demand curve in a perfectly competitive market? Explain.
the abc company is a fully integrated company that both produces goods and sells them at the retail outlets. after
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