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Problem: A company wants to give incentive to employees that participate in a program: year1-incentive $3000 employee participation in year 1= 30 ; year2-incentive$4000; employee participation in year2 = 34; company saves $5000 per employee that participates in the program. Should the company continue or stop the program? What is the maximum number of employees the company can get involved in the program? Please show each calculation and the meaning of them. Be sure to support your response with specifics.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91810846
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