Which of the following will improve your salary bargaining position
a. The product your team produces has become more costly to produce
b. New firms have entered with competing products for the one your team produces
c. Your competitors have developed new products that contain more of the features that your team produces
d. There are fewer close substitutes for the product your team supports
d
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The table above shows
A) a total product schedule. B) the market for labor. C) a production possibility frontier. D) a supply schedule. E) a demand for labor schedule.
Explain how an increase in technology, which increases the productivity of labor, will affect the labor market, the production function, and aggregate output. Provide graphs to illustrate
What will be an ideal response?
A disadvantage of options as instruments of performance-related rewards is:
a. that it exposes the executives to market volatility. b. that it increases opportunistic behavior on the part of the employees who expect to earn these incentives. c. that the actual monetary gains from such incentives are usually lower than other performance-related incentives provided by organizations. d. that once an option has been exercised and the executive has sold her shares it will have no continuing effect on her incentives to make better future decisions.
An example of a negative externality is
A. a consumer paying too much for an item. B. an apple orchard increasing the number of trees next to a bee farm. C. pollution. D. the Clean Air Act.