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Analyze the six strategies police administrators use to modify the attitudes of their subordinates
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- Many police officer positions require the applicant to have a college degree even though the tasks of a police officer rarely call upon college course material. Speculate on why police departments do not increase their applicant pool by dropping this requirement and how asymmetric information, moral hazard, and adverse selection are involved?Consider a market for low quality used cars where Qd = 10000 - 200p and Qs = 100p + 100 “Good” used cars are $50 more expensive to produce and 50 percent more valuable to consumers. Find market equilibria, and describe a signal that you might use to support self-separating equilibrium.Differentiate glocalization from grobalization. Discuss the concept of McDonaldization.
- In some countries, such as Canada and UK, direct-to-consumer (DTC) advertising for pharmaceutical products is illegal or tightly controlled. Which of the following is NOT a reason why DTC is tightly controlled? Question 7 options: Asymmetric information: consumers are not in a good position to determine if a drug is what they need. DTC makes patients aware of new remedies. DTC can put a strain on doctor-patient relationship when patients demand some drugs that are not necessary or not the best options. DTC have the potential to drive up spending on drugs and exacerbate moral hazard.An employer faces two types of employees. Regular workers are 70% of the population and generate $100,000 in productivity. Exceptional workers are 30% of the population, and generate $120,000 in productivity. Workers know their value, and reject salaries below their productivity. If the employer offers a salary equal to the average productivity hoping to eliminate adverse selection, what will be the employer’s per-employee profit? Group of answer choices $10,000. $4,000. $0. $-6,000 $-10,000Discuss and define the five (5) concerns that have most strongly influenced the development of problem-oriented policing and, by implication, community policing are?
- Participate in a discussion regarding private information as shown in Section 12.3 in the textbook. Signaling occurs when an informed person takes actions that send information to uninformed persons. The grades and degrees that a university awards to students are signals. They inform potential (uninformed) employers about the abilities of the candidates they are considering hiring. What actions (signals) do you plan to take with your existing or potential employers after receiving your college degree?Is this how information is distributed in a normal organizational hierarchy?The VHS rental market, lead primarily by Blockbuster for decades, has largely been decimated by streaming services like Netflix. The demise of the rental market is due in large measure to moral hazard opportunism adverse selection (WRONG) creating destruction
- If complying with an injunction costs the defendant more than it benefits the plaintiff and transaction costs between the parties are low, there is no possibility of them negotiating an efficient solution and no reason for them to try. True FalseThe adverse selection problem is least likely in which of the following occupations? explain Lawyer Barber College professor Marketing Analyst ManagerIt was felt that liability insurance would undermine the tort system, which has as its central theorem the concept that the individual responsible for injuring another should be made to pay for that injury. Do you think the existence of liability insurance causes one to be less careful than he or she might otherwise be?
