Tài liệu Microeconomics for MBAs 33 ppt
Tài liệu Microeconomics for MBAs 33 ppt
... benefits the firm. The firm was paying $4,500 a year for the insurance of each
worker. Now, it must pay $1,200 for the insurance and $3,000 for the MSA, for a total of
$4,200. The firm saves $300 per ... major medical problems), can be purchased for each employee for a premium of
$1,200 per year (which is, we are told, in the ballpark of the actual cost for a group
policy)....
Tài liệu Microeconomics for MBAs 7 pptx
... 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...
Tài liệu Microeconomics for MBAs 11 ppt
... edict specifying maximum
prices for everything from poultry to gold, and maximum wages for everyone from
lawyers to the cleaners of sewer systems. The penalty for violating the edict was death. ... demonstrated a knack for
bringing new products to market quickly.
However, we mention the keiretsu organizational form here only because of one
of its more unheralded benefits: it is a...
Tài liệu Microeconomics for MBAs 15 ppt
... effectively for the “public interest,” and several of the
possible explanations for this observed behavior force us to step outside the scope of the
public goods theory.
Why may people work for the ...
good, individuals who try to organize people for that purpose may go through a learning
experience before they conclude that it is too costly a venture for them. Even if the
or...
Tài liệu Microeconomics for MBAs 16 pptx
... 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...
Tài liệu Microeconomics for MBAs 58 ppt
... quotas is that quotas are typically
specified for each important foreign producer. Otherwise, all foreign producers would
rush to sell their goods before the quota was reached. When quotas are ... 1984 and 1985. Tariffs, on the other hand, force foreign firms to
lower their prices to offset the increase from the tariff. They also generate income for the
federal government. Although ta...
Tài liệu Microeconomics for MBAs 59 pptx
... 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...
Tài liệu Microeconomics for MBAs 19 pptx
... 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...
Tài liệu Microeconomics for MBAs 21 ppt
...
rather than be forced to pay a higher than expected price for the input. This is exactly the
arrangement that automobile companies have with some of their suppliers. Ford, for example,
buys ... Organization (Spring 1985): pp. 33- 80.
43
The Ford example is discussed on pages 245-46 of Robert Cooter and Thomas Ulen, Law and Economics
(Glenview, Illinois: Scott, Foresman and Company,...
Tài liệu Microeconomics for MBAs 23 pptx
... 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....