Business, 03.06.2021 22:10, ayoismeisalex
Below are five explanations for differences in compensation: winner-take-all (WTA), human capital (HC), occupational crowding (OC). location and lifestyle (LL), and efficiency wages (EW).
Sort each scenario into the correct explanation.
1. The average base pay for a UPS driver is $27.83 an hour, whereas the average base pay for a FedEx driver is $22.83 per hour.
2. An attractive waitress earns more tips than do others.
3. An engineer working on an offshore oil- drilling rig earns $100,000.
4. An engineer working at an onshore oil drilling location earns $70,000 Nick Saban, the head coach of the University of
5. Alabama football team, earns a salary of $8.3 million.
6. The head coach at Georgia State University earns just over $500,000
Answers: 1
Business, 22.06.2019 12:50, trintrin227
Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
Business, 22.06.2019 16:00, bossboybaker
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
Answers: 1
Below are five explanations for differences in compensation: winner-take-all (WTA), human capital (H...
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