Business, 28.05.2020 05:01 hhomeschool24
Can you solve this activty for me please got stuck,
Each employer faces competitive weekly wages of $2,000 for whites and $1,400 for blacks.
Suppose employers under-value the efforts/skills of blacks in the production process. In
particular, every firm is associated with a discrimination coefficient, d where 0 ≤ d ≤ 1. In
particular, although a firm’s actual production function is Q = 10(EW + EB), the firm manager
acts as if its production function is Q = 10EW + 10(1 – d) EB. Every firm sells its output at a
constant price of $240 per unit up to a weekly total of 150 units of output. No firm can sell
more than 150 units of output without reducing its price to $0.
(a) What is the value of the marginal product of each white worker?
(b) What is the value of the marginal product of each black worker?
(c) Describe the employment decision made by firms for which d = 0.2 and d = 0.8
respectively.
(d) For what value(s) of d is a firm willing to hire blacks and whites?
Answers: 2
Business, 21.06.2019 20:30
Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation
Answers: 3
Business, 22.06.2019 20:30
Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)
Answers: 3
Business, 23.06.2019 01:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
Can you solve this activty for me please got stuck,
Each employer faces competitive weekly wa...
Each employer faces competitive weekly wa...
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