Business, 06.11.2019 22:31 holaadios222lol

Suppose all workers in an economy have the same preferences represented by u = w √ n where w is the wage and n is the degree of noise that is associated with the job they do. there are only three types of jobs in the economy, a job with little noise (n = 1/9), some noise (n = 1/4), and lots of noise (n = 1). if the job with little noise offers a daily wage of $100 and the economy is in the equilibrium (thus, no one has an incentive to change jobs), what would the wage be for jobs with some noise and jobs with lots of noise? what is the compensating wage differential between the job with little noise and the job with lots of noise?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 08:30

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

Answers: 2

Answer

Business, 22.06.2019 13:30

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?

Answers: 2

Answer

Business, 22.06.2019 16:50

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

Answer

Business, 22.06.2019 21:10

Ahospital purchases a $500,000 magnetic resonance imaging (mri) machine that has a useful life of 9 years. the salvage value at the end of 9 years is $77,000. (a) write a linear equation that describes the value y (in dollars) of the mri machine in terms of the time t (in years), 0 ≤ t ≤ 9. (b) find the value, in dollars, of the machine after 6 years. $ (c) find the time, in years, when the value of the equipment will be $140,000. (round your answer to two decimal places.) yr

Answers: 2

Answer

You know the right answer?

Suppose all workers in an economy have the same preferences represented by u = w √ n where w is the...

Questions