This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a source of inequality in incomes? a. job preferences b. willingness to ... (Read 89 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 30, 2018
Which of the following is a source of inequality in incomes?
 a. job preferences
 b. willingness to take risks
 c. differences in investment in human capital.
  d. All of the above are correct.

Question 2

Why are most contracts incomplete?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

As far as implicit contracts are concerned, at the start of the relationship both parties are aware that the future will almost surely bring changes, and they cannot currently envision how they will react to these changes. If the relationship is worth maintaining they will have to respond to unforeseen events by reformulating the affected parts of their implicit agreement. In case of explicit contracts, usually the range of possible worker tasks is too large, the worker's value in different tasks is hard to determine, and changes in markets and technologies will change the list of possible tasks.


sarasara

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
Wow, this really help

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

The proportion of obese and extremely obese adults in the United States has increased over the past The proportion of obese and extremely obese adults in the United States has increased over the past
Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme
Physical features of Sjögren's syndrome. Source: Ways Sjogren's Syndrome May Affect the ... Physical features of Sjögren's syndrome. Source: Ways Sjogren's Syndrome May Affect the ...
Electrophoresis gel in a densitometer. (a) The green light from the slit light source is visible ... Electrophoresis gel in a densitometer. (a) The green light from the slit light source is visible ...
Apply the heat source, and ask for immediate feedback on the heat intensity felt by the recipient. ... Apply the heat source, and ask for immediate feedback on the heat intensity felt by the recipient. ...
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library