This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is NOT a difficulty with using a piece-rate contract? A) measuring output ... (Read 74 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
Which of the following is NOT a difficulty with using a piece-rate contract?
 
  A) measuring output
  B) eliciting the desired behavior
  C) gaining worker acceptance
  D) workers taking too much time to achieve a certain task

Question 2

Refer to the demand and supply equations. At a price of 35, there will be ________.
 
  Fill in the blank(s) with correct word



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

D

Answer to Question 2

Qd = 80 - 2 (35 ) = 10 units
Qs = - 10 + 4 (35 ) = 130 units
Thus, at a price of 35 which is above the equilibrium price of 15, we have an excess supply or shortage of 120 units





 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library