Tài liệu Microeconomics for MBAs 30 pptx

... your recruiting efforts on the candidate with the smallest house. Why? You can get that candidate for a lower salary, everything else equal. He or she has a low preference for housing, as revealed ... $134,000 in La Jolla (to compensate for the additional $400,000 mortgage). The candidate who has a $300 ,000 house in Six Mile (which is likely to be the largest house for miles arou...

Ngày tải lên: 21/01/2014, 22:20

... sold for as little as $16.95. Eight-digit models that would have sold for over $300 three or four years earlier carried price tags of $19.95. By 1976 consumers could buy a six-digit model for ... to look for other reasons, mainly as a means of improving incentives for workers to do as the employer wants. As it turns out, Henry Ford was not offering his workers something extra...

Ngày tải lên: 15/12/2013, 10:15

... by the absence of direct, close-at-hand residual claimants. 30 If, for example, a public agency managed to perform the same service for a hundred thousand dollars a year less than in previous ... ways, and many of their differences have important implications for the type of productive efforts for which they are best suited. For example, both of the authors would have liked t...

Ngày tải lên: 15/12/2013, 10:15

... dollar holdings of foreign banks. So will American expenditures abroad whether for tours or for foreign stocks and bonds. Americans must have francs for such transactions; therefore, they must ... national defense, have lobbied for protection from foreign oil in wartime, the effects of a tariff are not entirely straightforward as might be thought. By making foreign oil more expens...

Ngày tải lên: 15/12/2013, 10:15

... would measure the effort expended. Total effort for all workers combined increased as workers were added to the group doing the pulling at the same time that the individual efforts of the workers ... the rope, the individual effort averaged 84 percent of the effort expended by one worker. With eight workers pulling, the average individual effort was one-half the effort of the one worker...

Ngày tải lên: 24/12/2013, 17:15

... of being around for a number of years. Financially shaky firms in highly unstable markets are going to be reluctant to pay for the cost of their workers’ MBAs. Credit will, for them, be hard ... income in deferred forms and will not likely have strong expectations of a long career with their companies, factors that reinforce the tendency of workers to pay for their own MBAs....

Ngày tải lên: 24/12/2013, 17:15

... A, for example, must pay $100 to eliminate the first unit of sulfur dioxide and $200 to eliminate the second. Firm B must pay $200 for the first unit and $600 for the second. Although the information ... enactment and enforcement of law. The justification for all collective action, for government, lies in its ability to make men better off. This is where any discussion of the ba...

Ngày tải lên: 24/12/2013, 17:15

... marginal cost of a bushel of tomatoes will decline from $10 for the first bushel to $5 for the second before rising to $10 again for the third bushel. That is, increasing marginal costs (or ... measured “cost of living” in La Jolla is 30 percent higher than the cost of living in Six Mile and, for that matter, 30 percent higher than the average for the rest of the country. Ho...

Ngày tải lên: 21/01/2014, 22:20

... than costs for Chapter 9 Production Costs and Business Decisions 14 a particular service – healthcare responding to the market forces of supply and demand. Unfortunately, the forces have ... Therefore Gary will catch no more than five fish. From the positions of the two curves, we can see that Gary will catch up to five fish before he packs up his rod and heads for hom...

Ngày tải lên: 21/01/2014, 22:20

... 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