In her study of real estate and inequality, graduate student shania looks for the "aspen effect." she is looking for:

1 answer:

7 0

Aspen Effect is the outcome of increased economical inequality causing the middle class people to commute long distance for serving the socially wealthy people. In real state, Aspen denotes the wealthy communities and to meet their needs of service, people from service industry, most of them being middle class people and with low wage, travel back and forth. They commute long distance because the service provider simply cannot afford to live by renting or buying housing in the wealthy Aspen communities. Such long hours requirement of commute cause traffic congestion and other challenges. This effect was termed as Aspen Effect by the Cornell University Economics professor Robert H. Frank.

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The Grapefruit Computer Company currently produces its desired level of output. Its marginal product of labor is 10, its margina

anastassius [24]

Answer: d. employ less capital and more labor.

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I believe the answer is: First-line manager

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Which of the following is a possible market solution to the lemons problem? Producers might be required to meet certain legal st

solniwko [45]

Answer:

Producers might offer product guarantees and warranties

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In business, lemon problems refers to the problems that might occur during transaction that is caused by different information possessed by the sellers and the buyers

<u>For example,</u>

Let's say that Person A offered to sell 10 lemons for $1. Person B is interested to purchase it since average price for 10 lemons is $2. Person B believed that the transaction is worth it.

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Offering guarantees can solve this problem. The buyers can obtain their money back if the condition of the product is not as promised by the sellers.

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3 years ago

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jarptica [38.1K]

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dsp73

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Piece rates or payment by result system is a payment system where employees are paid in proportion to the efforts and the overall business performance. With this system both employees and employers will be satisfied with the outcomes and will in turn prevent any suspicions from the employees since the system is clearly understood by both parties and a mutual relationship we be created.

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