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Discuss the concept of BATNA and explain how a negotiator can effectively use it to plan a negotiation.
Business Management, Management Studies
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Suppose that a firm had a production function given by: q=2L0.4K0.8. The rental rate for the firm is $20 and the wage is $15. Solve the optimization condition for K and then fill in the value that appears in front of L.
What would be examples of valid selection methods used by the human resource department to ensure selecting the appropriate candidate for a job.
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