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vova2212 [387]
3 years ago
13

According to the neoclassical theory of distribution, in an economy described by a Cobb–Douglas production function, when averag

e labor productivity is growing rapidly:
1. workers will experience high rates of real wage growth.
2. labor's share of total income will be increasing.
3. economic profits will be positive.
4. labor's share of income will be decreasing.
Business
1 answer:
GREYUIT [131]3 years ago
4 0

Answer:

All of the above

Explanation:

According to the neoclassical theory of distribution, in an economy described by a Cobb-Douglas production function, when average labor productivity is growing rapidly: workers will experience high rates of real wage growth. labor's share of total income will be increasing. labor's share of income will be decreasing.

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<u>Full question:</u>

You know that firm XYZ is very poorly run. On a scale of 1 (worst) to 10 (best), you would give it a score of 3. The market consensus evaluation is that the management score is only 2. Should you buy or sell the stock?

A. Buy

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The firm's administration is not as critical as everyone else considers it to be, hence, the firm is underestimated by the market. You are scarcely hopeless about the firm's probabilities than the assumptions constructed into the stock price. As the administration of the firm is not as weak as anticipated to be. So the investor will determine to buy the stocks of the firm.

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Answer:

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Unity of Command is a management theory that is used by small, medium, large scale businesses and government. It has a lot of advantages in comparison with others like Centralized, decentralized, line managers and work specialization.

Unity of command provides that an employee is responsible to only one supervisor, who in turn is responsible to another supervisor, and so on up the organizational hierarchy.

To to demonstrate how unity of command works from the bottom up. Consider  NorthTel Wireless Services where Astrid, a customer service represnetative answers to her manager, DeShawn who in turn answers to another supervisor and so on.

When you are at the bottom rung and you supervise no one. However, you do answer to your unit supervisor, who answers to her department manager. The department manager answers to the vice president of operations, who answers to the CEO. The CEO answers to the chairman of the board of directors.

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