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if decision makers do not bear the major wealth effects of decisions then a separate decision makers must hold decision
what is a specific real-life example of a seller in the world today that meets the definition of a price taker your
now consider a different insurance company that does not have the inclination to tailor contracts specifically to
suppose the country of laurelstan has the following national accounts in 2010 gdp 100 c70 i 40 g 20 net factor
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suppose that the us net foreign debt liabilities less assets is equal to 25 per cent of the countryrsquos gnp and that
specific assets can create problems for a company if a supplier invests in new machinery to deliver a part useful only
good food restaurant provides a monthly bonus for servers when sales volume exceeds 120 of the same month last year the
when decentralizing decision rights it is important that companies a use their reward system to reinforce their
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to develop compensation system for workers managers should a use all the information available only if manages have a
on 10 june 2015 cnn money reported that a bird flu outbreak resulted in 35 million of the more than 300 million
if a firm is very dependent on firm-specific human capital then is should adevelop programs for sending employees to
if property rights are easy to assign and transactions costs are particular low then a may reduce the efficiency of
philosopher robert nozick makes the argument that taxation is akin to forced labor if a person is required to work for
suppose credible medical reports reveal previously unknown benefits of eating six-ounce portions of wild salmon three
a 10-year 1100 1000 bond that pays dividends quarterly can be purchased for 920 this means that 920 is spent on the
consider the market for pizza in a small college town with multiple pizzerias initially supply and demand are given by
the mag transit owners see the change in profits from the price decrease in may and the projection for june they decide
a firm has a production function given by q10k025l025 suppose that each unit of capital costs r and each unit of labor
discuss the minipublics types of institutional design presented by archon fung which ones in your view provide the best
answer each question concisely but with detail including calculations come to the point and be precise do not restate
rank these three wage rates in the order of least sticky to most sticky minimum wage workers nurses movie stars a movie
following keynes work in explaining the great depression economists started to make a distinction between a nominal and