An employer faces two types of employees. Regular workers are 70% of the population and generate $100,000 in productivity. Exceptional workers are 30% of the population, and generate $120,000 in productivity. Employees know their types, and reject salaries below their productivity. If the employer offers a salary equal to the average productivity in the population, what will be the employer's per-employee profit? Select one: a. - $10,000 b. $0 Incorrect c. - $6,000 d. $4,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An employer faces two types of employees. Regular workers are 70% of the population and generate $100,000 in productivity. Exceptional ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is a disadvantage of e-government? A. It can be expensive to set up and maintain the online systems. B. It increases national security. C. It is always available to people living in remote areas. D.
Answers (1)
g Which one of the following statements is/are true? Multiple Choice A. If the expectation for inflation is that it will steadily increase, the term structure of interest rates will be upward sloping. B.
Answers (1)
The Pritchett Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $500,000 $550,000 Variable costs 200,000 275,000 Traceable fixed costs 150,000 180,000 Allocated common corporate
Answers (1)
What is the best thing to do to keep myself occupied?
Answers (2)
Requesting funds for working capital suggest that the business is not a solid investment true or false
Answers (1)
New Questions in Business
Question 20 if orange juice prices double next year, there will be a rightward shift in the demand for grapefruit juice. rightward shift in the supply of grapefruit juice. leftward shift in the supply of grapefruit juice.
Answers (1)
When groups rely on identity to overcome collective action problems that do so by focusing on individual's self interests and not community interests. Group of answer choices True False
Answers (1)
Is there anyone good in Accounting?
Answers (1)
In Baer Food Co.'s Year 3 single-step income statement, the section titled Revenues consisted of the following: Net sales revenue $187,000 Discontinued operations: Income from operations of component unit (including gain on disposal of $21,600)
Answers (1)
The owner of the new sharp scissors hair salon gave coupons to potential customers walking by her store to stimulate interest and trial of her new hair salon. the coupons are an example of advertising. publicity. sales promotion.
Answers (1)