Suppose the wage rate is $5, and the marginal revenue product (mrp) of the seventh worker at a yo-yo factory is also equal to $5. the labor market was originally purely competitive, but is then monopsonized without changing the mrp of the seventh worker. that means more workers will be hired but they will be paid lower wages. more workers will be hired and they will be paid higher wages. fewer workers will be hired and they will be paid lower wages. fewer workers will be hired and they will be paid higher wages.

The blank is type of decision-maker who over analyzes information

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.