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Suppose the cookie producers create a positive externality equal to $2 per dozen. What is the relationship between the equilibrium quantity and the socially optimal quantity of cookies to be produced?

Address the following questions on Strategic Compensation:

* Elucidate what should Paul, the Director of Human Resources, do to determine how Plastec (a company that manufactures plastic) compares with other area employers in terms of wages and benefits?

* How could Plastec motivate its machine operators to stay? To increase their productivity?

* The majority of the machine operators are in their mid to late forties, some with families, some without. What types of benefits would you suggest offering?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9222457

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