Explain why employers pay a lower efficiency wage when
unemployment is high. How would the efficiency wage change in an
economy if it became easier to monitor the work that employees did?
Other than to incentivise workers to put in effort, can you think
of any other reasons why wages might be higher when unemployment is
low (i.e. an upward-sloping wage-setting curve)?
Task 3. Spectroscopy.
a) Why are flouroscence bands lower in energy than absorption
bands?
b) If an electronic transition is symmetry forbidden and spin
forbidden, list two ways of overcoming this to explain why the
bands are still seen in the spectrum?
c) Define the coupling operator that sits between the excited
state wave function and the ground state wave function in the
transition moment integral.
Why does an exergonic reaction mean that the products have lower
free energy than the reactants, rather than the other way around,
where the reactants have lower free energy than the products?
Because doesn't an exergonic reaction mean that deltaG is
negative?
Ionization energy is an inconsistent trend. For instance, the
ionization energy of oxygen is lower than that of nitrogen and the
ionization energy gallium is less than that for zinc. Suggest
reasons this occurs and indicate other regions on the periodic
table that this may occur.
Goods that are accompanied by negative externalities
are priced lower than is socially ideal. But, oddly, goods that are
accompanied by positive externalities are also
priced lower than is socially ideal. Explain this apparent
paradox.
Goods that are accompanied by negative externalities are priced
lower than is socially ideal. But, oddly, goods that are
accompanied by positive externalities are also priced lower than is
socially ideal. Explain this apparent paradox.
1. a. Explain why the cost of debt is lower than the cost of
capital?
1. b. Explain what is meant by the statement- depreciation is a
non-cash expense and how do companies use it.
1. c. How long does it take money earning 12% to double? Use
both the rule of 72 and your financial calculator.
1. d. Explain the three ways a company can raise capital.
1. e. If an investor has a short term view on her...