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jekas [21]
3 years ago
15

Mitchell has a cause: He loves cats. As an economist, he could earn $100,000 as a faculty member, but instead he decides to devo

te his time to the Humane Society as its chief economist. Knowing nothing else, you would expect that he would receive
a.higher pay at the Humane Society because of the difference in skill levels.
b.lower pay at the Humane Society because of signal theory.
c.lower pay at the Humane Society because of the compensating differential theory.
d.higher pay at the Humane Society because of signal theory.
e.the same pay as either a professor or as a chief economist at the Humane Society.
Business
1 answer:
Usimov [2.4K]3 years ago
8 0

Answer: (e.) The same pay as either a professor or as a chief economist at the Humane Society.

Explanation:

The correct answer would be <u>option (e)</u> because in this case there lies an ambiguity i.e. we are uncertain about skillets that an economists should be endowed with or for being a faculty member.

Therefore , it can be concluded that he would  get at least as good pay as being faculty. In both cases he'll be better off.

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A. 2 to 5 percent of sales

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Turner, Roth, and Lowe are partners who share income and loss in a 1:4:5 ratio (in percentages: Turner, 10%; Roth, 40%; and Lowe
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Answer:

Explanation:

a) loss from selling the assets  = Total liabilities - amount not sufficient to pay for creditors = 78000 - 28000  = 50000

Loss = Assets - loss from selling the assets = 126000 - 50000 = 76000

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