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andrezito [222]
2 years ago
10

A small college employs two economists. Rob has been employed by the college for 15 years and Bill has been employed for one yea

r. Rob's salary is significantly higher than Bill s, despite the fact that they both have doctoral degrees in economics. Each professor averages one publication per year and both are excellent teachers. Given this information, the wage difference is best explained by: A. compensating differentials. B. discrimination. C. differences in human capital. D. differences in talent. E. efficiency wages.
Business
1 answer:
Korvikt [17]2 years ago
5 0

Answer:

E. efficiency wages

Explanation:

Clearly this isn't a discrimination case, as Rob has a robust background with the company (15 years). Although their work output may be the same, Rob's experience justifies the higher pay.

This is one form of efficiency wage theory, holding that higher wages lead to increased employee productivity. This way, Rob gets an incentive for staying with the company.

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Answer:

This question is business question so I will answer it from business perspective. The least that I can do is offer her a one year package with an advance of $50. The monthly installment along with the interest that she will pay would be:

Monthly Installment including interest = (Amount Due/12months) + (Outstanding Amount * Interest Rate) ....Eq1

So I assume the interest rate is 5% and as we know the outstanding amount is $150.

By putting the values, we have:

Monthly Installment including interest = ($150/12months) + ($150 * 5%)

= $12.5 + $7.5 = $21 per month

Now the outstanding amount for the second month = $150 - $12.5 = $137.5

Now we will use this new outstanding amount to calculate the monthly installments including the interest by putting the values in the equation 1. Similarly for the next coming months the installments would be calculated.

7 0
1 year ago
You just founded a tech startup with an incredible ROI of 100%. That is, each dollar you invest in the firm creates a permanent
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I believe it’s c 20 million
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1 year ago
Workers who are not good team members might cause ______. A. Increased quality b. Reduced management c. Increased self-esteem d.
adoni [48]

From the given choices for the question, the best answer would be (C) reduced productivity.

When there is a worker who isn’t a good team member in a group, the productivity of the entire group would be decreased. For example, if the worker doesn’t contribute his or her share of work, that would impact the group’s work tempo in completing the assigned goal.

7 0
2 years ago
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An agent's attempt to stop the replacement of an existing life insurance policy or annuity is known as
Anna71 [15]
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4 0
1 year ago
Marathon Company has 10,000 units of its product that were produced last year at a total cost of $150,000. The units were damage
V125BC [204]

Answer: Marathon should repair the units since an income of $12000 will be gotten.

Explanation:

Based on the information given, the following can be deduced:

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Therefore, Marathon should repair the units since an income of $12000 will be gotten.

8 0
1 year ago
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