Alandowner pays a worker we + l to produce agricultural output (q), where w is the wage rate, e is worker effort and l is a lump sum payment. the output produced by the worker is q = f(e) = e and the price of output is $1 per unit. the worker’s total cost function is c(e) = e^2/2 and utility from the outside option is u = 1.

(i) what is the optimal value of l chosen by the owner? briefly comment onthe relationship between the workers’ outside option and the lump sum paymentmade from the owner to the worker.

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii