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

Author Question: Why, in the labor market, are contracts often designed to include a variable salary component that ... (Read 68 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Apr 19, 2019

Why, in the labor market, are contracts often designed to include a variable salary component that is tied to some measure of performance?


◦ Such contracts are considered the fairest to employees under fair labor standard laws.
◦ Most people are risk-averse and thus variability in their compensation leads to higher total utility.
◦ Firms use such contracts to differentiate between high and low quality workers.
◦ These contracts tend to attract employees with the lowest probability of switching jobs.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rlane42 on Apr 19, 2019

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


rlane42

  • Hero Member
  • *****
  • Posts: 594
Reply #2 on: Apr 19, 2019
Thanks


CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and
Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t Bronchoscopy. Figure illustrates physician using a bronchoscope to inspect the patient’s bronchial t
Upper Paleolithic stone tools include blade-based tools as seen here being produced from a blade cor Upper Paleolithic stone tools include blade-based tools as seen here being produced from a blade cor
The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives. The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives.
The experimental system that permits observation of rotation in the F1 component of F1F0 ATP (c) The experimental system that permits observation of rotation in the F1 component of F1F0 ATP (c)
Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library