You want to hire a new laboratory technician. Excellent technicians generate 1,000 in value added…

You insufficiency to engage a new laboratory technician. Meritorious technicians engender 1,000 in prize borrowed each week. Ample technicians engender 500 in prize borrowed each week. Half the graduates are meritorious, and half are ample.

a. You cannot betray who is extremely capable and who is ample. You are cheerful to pay each technician the prize borrowed. What allowance do you propose?

b. Who gain recognize this propose?

c. Is there any way that meritorious technicians could promulgate their productivity?

d. Propose a wages classification that gain attract twain types of technicians and pay no technicians past than their prize added.