Examlex
Given an employee cost of effort function (where e is given in hours worked per week and each unit of e produces an extra $100 in sales):
If the firm offers a salary-plus-commission job of $500 per week plus 20% of sales,what is the employee's marginal benefit of effort? How much more will the employee work than the standard 40 hour work week? What is the employee's actual salary when they work to maximize their payoff?
Cognitive Abilities
The mental capacities that involve the ability to reason, plan, solve problems, think abstractly, and comprehend complex ideas.
Vigilance
The act or state of keeping careful watch for possible danger or difficulties.
Electrically Charged
Having an excess or deficiency of electrons, resulting in the ability to exert an electromagnetic force on other charged objects.
Neurons
The basic working units of the brain and the nervous system, cells responsible for receiving sensory input from the external world, sending motor commands to our muscles, and transforming and relaying the electrical signals at every step in between.
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