Why might firms that hire mostly untrustworthy people struggle to provide as much output in a competitive

Question:

Why might firms that hire mostly untrustworthy people struggle to provide as much output in a competitive market as firms that attract and retain mostly honest individuals?

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

Step by Step Answer:

Related Book For book-img-for-question

Economics Today The Macro View

ISBN: 9780134478760

19th Edition

Authors: Roger LeRoy Miller

See More Books

Question Posted: Jun 23, 2017 08:39 AM

See More Questions

Jay Bhattacharya and Kate Bundorf of Stanford University have found evidence that people who are obese and who work for firms that provide health insurance receive lower wages than workers at those...
Why are consumers in a competitive market considered to be price takers?
Given that commercial paper interest rates are generally lower than bank loan rates to a given borrower, why might firms that are capable of selling commercial paper also use bank credit?
Pristine Thread Co. encountered a fire on March 12 where some of the inventory was destroyed. A physical count of inventory after the fire shows $56,000 still on hand. The company also had beginning...
Let H 5p sin ap pz cos a + 2paz. At point P(2, 30, 1), find: (a) A unit vector along H (b) The component of H parallel to ax (c) The component of H normal to p = 2 (d) The component of H...
If 1 < a < 0, q = a 1, r = a 2 , and s = a 3 , then which of the following is true? a. q < r < s b. q < s < r c. r < q < s d. s < q < r e. s < r < q
Use a stem-and-leaf plot to display the data, which represent the humidity (in percentages) in the atmosphere as measured in 20 different days in a city. Organize the data using the indicated type of...
Ithaca Snowboards Corporation is a large U.S. producer of in-style winter recreational equipment and apparel. Ithaca Snowboards currently has its primary facilities in the United States as well as...
A boat (with a flat bottom) and its cargo weigh 5,200 N. The area of the boat's bottom is 8 m 2 . How far below the surface of the water is the boat's bottom when it is floating in water? Answer in...
Routing Paths and Subnets LATEST SUBMISSION GRADE 0% 1. Let's see how much you've learned about routing paths and subnetting! In this activity, you are given a bunch of source and destination IP...
If the government were to decide to limit the number of propane distributors to a handful of firms, would the propane-distribution industry still satisfy the characteristics of perfect competition?...
If the price of a particular rare earth were actually to drop below its original level following entry of new firms even as market demand continued to increase, what type of industry would exist?
A projectile is fired with angle of elevation and initial velocity v 0 . (See Figure 6.) Assuming that air resistance is negligible and the only external force is due to gravity, find the position...
The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security currently worth...
Assume that the real risk-free rate of return, k*, is 2%, and it will remain at that level far into the future. Also assume that maturity risk premiums (MRP) increase from zero for bonds that mature...
At the beginning of the year 2021, two friends, Barnabas and Francis decided to set up a company that produces a special kind of fruit juice called BF fruit juice in Kumasi. To promote BF fruit...
The equations for IDFT (Inverse Discrete Fourier Transform-x[n]) and DFT (Discrete Fourier Transform-X[*]) are defined as It is given that x[n] =x[k]e * k=0~(N-1) X[k]=x[n]e -0 n=0~(N-1) -1/2k [x[n]...
A 5-m deep slope is going to be excavated in a deep clayey soil deposit. The geometry of the slope is shown in below. (a) Find the net area and the centroid of this area (sliding circle). (b)...
Electric power is equal to a. (current)(voltage) b. current/voltage c. voltage/current d. (resistance)(voltage)
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
For twenty years, Darlene Jespersen worked as a bartender at Harrahs Casino in Reno, Nevada. In 2000, Harrahs implemented a Personal Best program that included new grooming standards. Among other...
Cerebral palsy limits Steven Bradleys use of his legs. He uses forearm crutches for short-distance walks and a wheelchair for longer distances. Standing for more than ten or fifteen minutes is...
Cerebral palsy limits Steven Bradleys use of his legs. He uses forearm crutches for short-distance walks and a wheelchair for longer distances. Standing for more than ten or fifteen minutes is...
Reflect on a group interview you've had: * Was there anything you struggled with in preparing for the peer interviews? * What would you have changed about your interview? What would you have kept the...
Please conduct comprehensive research on the status of Metaverse, Choose a company, an industry, a product, or a service, and Share the strategies being used in Metaverse to develop a competitive...
Renovation and Restoration of community Park project For Risk management plan External risk : Budget Fluctuations in local economy Environment disasters Internal Risk: Safety Not enough money, staff...

Why might firms that hire mostly untrustworthy people struggle to provide as much output in a competitive

Question:

Step by Step Answer:

To conclude we can say that the untrustworthy people ...View the full answer

Economics Today The Macro View

Students also viewed these Economics questions