A flu shot typically costs about $25$50 but some firms offer their employees free flu shots. Why

Question:

A flu shot typically costs about $25–$50 but some firms offer their employees free flu shots. Why might a firm prefer to offer its employees free flu shots if the alternative is an equally costly wage increase?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

See More Books

Question Posted: Nov 24, 2015 08:35 AM

See More Questions

Why might a firm prefer to hedge exchange rate risk with options rather than forward contracts?
1. How can managers use recommendations derived from need theories to motivate temporary employees? Discuss. 2. To what extent can managers use Herzberg's two-factor theory to motivate temporary...
The mayor of Gotham City, worried about a potential epidemic of deadly influenza this winter, asks an economic adviser the following series of questions. Determine whether a question requires the...
Compute the length of the curve traced by r(t) over the given interval. r(t)= (t cos t, t sint, 3t), 0t 2
The taxpayer is the sole owner employee of a small corporation that prepares tax returns. Before paying himself any salary or dividends or taking fringe benefits, the corporation has taxable income...
What is the worldwide model of international taxation? Explain whether a corporation with only domestic income or a company with foreign income would pay more taxes under this model.
Determine whether each random variable x is discrete or continuous. Explain your reasoning. 1. Let x represent the number of Fortune 500 companies that lost money in the previous year. 2. Let x...
Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 40,000 shares of cumulative preferred 2% stock, $75 par, and 100,000 shares of $50 par common. During its first...
Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. Begin by selecting the...
February 2012 Treasury 6s of 2030 offered a semiannually compounded yield of 2.70%. Recognizing that coupons are paid semiannually, calculate the bond's price.
When someone is sick, the patients decision to take an antibiotic imposes costs on othersit helps bacteria evolve resistance faster. But it also gives free benefits to others: It may slow down the...
The environment is priceless. What evidence do you have that this statement is incorrect?
By factoring (n 3 + 1), explain why this expression represents a number that is not prime if n is an integer greater than one.
The topic for my literature review is Global Staffing, Recruitment and Selection. I need assistance finding academic 10 academic journal articles (with some dated after 2020). Will also need to refer...
What aspects of the course did you find the most enlightening? What part of your diversity, equity and inclusion plan do you believe may present you with the greatest challenge? Why?
describe how you would respond in an attempt to resolve the problem: Job changes are fairly common in the organization, but a supervisor learns through the grapevine that she is going to be replaced...
if your firm is planning to open a wholly own subsidiary in the undecided country the Identify and discuss, in general terms, relevant formal Employment Relation structures, institutions, processes...
Why is the " Employee Value Proposition an essential concept for employers and employees?
Identify the vertex of each parabola. f(x) = x + 4
Rosalie owns 50% of the outstanding stock of Salmon Corporation. In a qualifying stock redemption, Salmon distributes $80,000 to Rosalie in exchange for one-half of her shares, which have a basis of...
Suppose that Foreign had been a much larger country, with domestic demand D* = 800 - 200P, S* = 400 + 200P. Recalculate the free trade equilibrium and the effects of a 0.5 specific tariff by Home....
What would be the effective rate of protection on bicycles in China if China places a 50 percent tariff on bicycles, which have a world price of $200, and no tariff on bike components, which together...
The United States simultaneously limits imports of ethanol for fuel purposes and provides incentives for the use of ethanol in gasoline, which raise the price of ethanol by about 15 percent relative...
You hear that there is a rumor accusing you of causing a coworker's dismissal. How should you respond? Report the gossipers to your supervisor. Start spreading a counter - rumor with the correct...
Who or what did Edwards Deming blame for the problems in American mantelfacturing?
O'Neill contrasts the Kantian and utilitarian views about the nature and extent of our moral obligations to famine victims. What is the element ( s ) of these views do you find especially attractive...

A flu shot typically costs about $25$50 but some firms offer their employees free flu shots. Why

Question:

Step by Step Answer:

Two reasons First the firm doesnt want to lose workers becaus...View the full answer

Modern Principles of Economics

Students also viewed these Economics questions