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?

marketing strategies should be established before marketing objectives are decided. t/f

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150