Tài liệu Microeconomics for MBAs 32 pptx

... 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

... 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 for nothing ... of the wage would be returned in the form of greater production and sales and even greater job security for workers. But there were other benefits for Ford. When workers are paid...

Ngày tải lên: 15/12/2013, 10:15

... 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 to have been ... 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 previ...

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

... 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 ... applications will write for an operating system with a very limited number of users, given the prospects of few sales for their applications. However, the applications written for...

Ngày tải lên: 21/01/2014, 22:20

... 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 ... Obviously the demand for property is much higher in La Jolla than in Six Mile, which implies that a lot of people must see some added benefits for being in La Jolla. This implies that for...

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