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

Author Question: A firm is thinking of hiring an additional worker to their organization who they believe can ... (Read 101 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jul 1, 2018
A firm is thinking of hiring an additional worker to their organization who they believe can increase total productivity by 100 units a week. The cost of hiring him or her is 1500 per week. If the price of each unit is 12,
 a. the MR of hiring the worker is 1500
  b. The MC of hiring the worker is 1200
  c. The firm should not hire the worker since MB  d. All the above

Question 2

An example of moral hazard is
 a. workers working diligently even though the boss is not looking
 b. health care insured dieting and exercising
 c. drivers of safer cars turning their phones off before driving
 d. borrowers investing their loan proceeds differently than the bank requires


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Biology Is Studied at Many Levels of Organization (Part 1) Biology Is Studied at Many Levels of Organization (Part 1)
Critical thinking attitudes and applications Critical thinking attitudes and applications
Additional Disorders of the Skeletal System Additional Disorders of the Skeletal System
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library