« previous next »

Author Question: The production possibilities frontier model assumes which of the following? A) Production of any ... (Read 103 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 29, 2018
The production possibilities frontier model assumes which of the following?
 
  A) Production of any level of the two products that the economy produces is currently possible.
  B) Labor, capital, land, and natural resources are unlimited in quantity.
  C) The economy produces only two products.
  D) The level of technology is variable.

Question 2

If most workers are risk adverse why do we still see many workers agreeing to contracts where their compensation is variable like commissions for magazine salesmen or car salesmen?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

These types of contracts occur because variable compensation can help firms get better performance from their workforce.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Reply #2 on: Jun 29, 2018
Thank you :)


HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
Lab: Amoeba Model Lab: Amoeba Model
Single-cell circulation model Single-cell circulation model
Three-cell model Three-cell model
The orange ball is a model of an HPV16 virus The orange ball is a model of an HPV16 virus
Model of the CFTR protein Model of the CFTR protein
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library