Tài liệu Microeconomics for MBAs 6 doc

... people. Most motel operators, for instance, have room for only a very small newsstand, and so they tend to carry the mass-circulation weeklies and monthlies. For their own reasons, consumers ... quantity at each price Q 3 instead of Q2 at price P 2 , for example. They will also accept a lower price for each quantity P 1 instead of P2 for quantity Q 2 . Conversely, the decr...

Ngày tải lên: 15/12/2013, 10:15

... mathematical formula for computing the present value of future costs or benefits received one year from now is PV = [1/(1 + r)] f, where PV stands for present value, r for the rater of interest, and f for ... benefits in a graph. 10. Henry Ford more than doubled his workers’ wages. Did worker real income double by Ford’s pay policy? Reflecting on the general principles behind Ford’...

Ngày tải lên: 15/12/2013, 10:15

... on that information. People cannot assimilate all the information they need to make rational choices, however. People do lack information, and they could make better choices if information ... your MBA program, you actually had limited information on how it would work out for you. (Admit it, it was a gamble!) Similarly, when you sign up for courses, you usually have only a very rough...

Ngày tải lên: 15/12/2013, 10:15

... concern for the poor, who may be unable to afford the information necessary to make an informed choice. The poor may also be the least capable of understanding technical product information, ... The market demand for information, like the market demand for protective bumpers, will not fully reflect its social benefits. Because of external benefits, the quantity of information produc...

Ngày tải lên: 15/12/2013, 10:15

... Concede GOP Support for Minimum Wage Boost,” Dow Jones News Service, 1999 (as found on the Dow Jones Interactive Publication Library, April 28, 1999). 0 2 4 6 8 40 45 50 55 60 65 70 75 80 85 90 ... go up as 1 968 was approached. As time passed, there simply were fewer ways for employers to adjust to the wage hike. However, as the minimum wage has fallen irregularly since 1 968 ,...

Ngày tải lên: 15/12/2013, 10:15

... with the arts. Few artists have 46 Noel M. Tichy and Stratford Sherman, "Jack Welch's Lessons for Success," Fortune (25 January 1993) pp. 86- 93. 47 Ibid. p. 92. 48 As ... the most common form of business organization and also the form that contributed most to national production. As it is, while proprietorships outnumber other business forms (for example, par...

Ngày tải lên: 24/12/2013, 17:15

... tried, which forced the team members to think competitively, had median initial effort levels on par with the initial effort levels observed under forcing contracts. However, the effort level ... Journal, vol. 99 (June 1989), pp. 366 -375. 56 See Mark Husled, “The Impact of Human Resource Management Practices on Turnover, Productivity and Corporate Financial Performance,” Academy of Man...

Ngày tải lên: 24/12/2013, 17:15

... to many business environments. 16 As reported by John A. Byrne, “Has Outsourcing Gone Too Far?” Business Week, April 1, 19 96, p. 27. Chapter 6. Reasons for Firm Incentives 14 An illustration ... others resist the noncooperative solution. Chapter 6. Reasons for Firm Incentives 16 Many areas of business are fertile grounds for the conditional-sum game situation...

Ngày tải lên: 24/12/2013, 17:15

... uniform amount for each worker and in which the provision of the fringe has no impact on worker productivity, but increases the value of work and increases the supply of Chapter 6. Reasons for ... percentage of monthly sales, for the right to use a brand name and/or trademark for example, the name “McDonalds” along with the “golden arches.” Chapter 6. Reasons for Firm Incen...

Ngày tải lên: 24/12/2013, 17:15

... unit $ 100 $ 200 $ 200 $ 60 0 $1,000 Second unit 200 60 0 400 1,000 2,000 Third unit 400 1,800 60 0 1,400 3,000 Fourth unit 800 5,400 800 1,800 4,000 Fifth unit 1 ,60 0 16, 200 1,000 2,200 5,000 ... cleanup. TABLE 7.2 Demand for Property Rights Price Quantity Price Quantity $ 0 25 $1 ,60 1 9 101 24 1,801 7 201 21 2,001 6 401 19 2,201 5 60 1 16 3,001 4...

Ngày tải lên: 24/12/2013, 17:15