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Select all the items that describe factors that market participants face as part of the decision process. costs and benefits incentives and disincentives constraints and rules profit goals and laws?
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What are the benefits of the price system?
Information Incentives Choice Efficiency Flexibility
How much does the walmart CEO make?
The Wal Mart CEO had a salalry with benefits and incentives of just over $23 million dollars in 2007. No reports for 2008.
What is. Critical in determining wheat-er something is produced as a public good?
When determining whether something should be produced as a public good there are a few key criteria that must be taken into consideration: Costs of production Benefits of production Availability of substitutes Existence of external costs and benefits The incentives of those producing the good The incentives of those consuming the goodThe costs of production are important to consider because they determine the amount that could be charged to consumers and how much of the good can be produced. The benefits of production must also be taken into account because they show the overall value of the good to society. The existence of substitutes is important as this affects the degree to which the good is considered a public good. External costs and benefits are also important to consider as these can affect the incentives for both producers and consumers. Finally the incentives of producers and consumers must be taken into account to ensure that the good is produced in the most efficient way possible.
Relationship between incentive and utility?
Necessity is the mother of invention. Necessity being incentive and invention being utility.
What are the four basic economic principles?
1. People make tradeoffs - When there are limited resources, then to get something you want, you would have to give up something else that you want that another wants even more.2. Choosing one thing means giving up something else - If you buy an object will all of your money, you cannot buy something else. If you choose to commit a crime, you choose to also give up the amount of time out of your life that the justice system says that crime is worth.3. People respond to incentives - Since most think in terms of value, their behaviors will usually change when the incentives change. Incentives can be positive or negative. Positive would be in the form of coupons, while negative incentives would be in terms of laws and penalties.4. Sane people think in terms of marginal changes and make a change only if the benefits outweigh the costs. For instance, buying a car would mean having to make car payments, but if it allows you to get a good job, then the payments would be worth it.
Why employee incentives not employee benefits?
Benefits are "given" while incentives must be "earned".
What are the benefits of a company offering sales incentives?
The benefits of a company offering sales incentives is that it tends to motivate the staff and employees to do better in order to achieve the incentives. This is beneficial for both the company and the employee who will increase earnings by doing so.
What are the benefits of the price system?
Information Incentives Choice Efficiency Flexibility
What is the social program pays retirement benefits to participants?
social security
Why to join call center?
Call Centers offer higher salary with benefits and incentives.
This social program pays retirement benefits to participants?
i want to know if i am entitled to my retiremnt benefits
What overall or pervasive constraints were developed in Statements of Financial Accounting Concepts?
benefits and costs
What are the benefits of renting from Auto Europe?
There are several benefits of renting from Auto Europe. Some of those benefits are listed in the following: cheaper rates and incentives for early drop-off.
The part of the social program that pays retirement benefits to participants is called?
social security
What happens to the participants in commensalisms?
One species benefits while the other is relatively unaffected.
What happens to the participants in mutualism?
Two species interact in a way that benefits both species.
Do Incentives for political leaders can cause leaders to favor programs with immediate benefits and deferred costs?
true
