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1. The ADEA allows BFOQ to be used as a defense as long as substantially all of the individuals over the age at issue are unable to perform the duties of the job?
True
False
2. Federal and private sector employees enjoy the same protections under ADEA?
3. An employer can implement a policy or practice that discriminates against an employee's religion if the employer cannot accommodate the employee's religion without suffering undue hardship.
After cyclone Larry banana prices soared as high as $15 a kilogram, against pre-cyclone prices of closer to $2 or $3 a kilo. Explain graphically why banana prices went up after the cyclone
Using the figure below, answer the following: a) What rate of output maximizes profits? b) What is MR at the rate of output? What is price? c) If output is increased beyond that point, what is the relationship of MC to MR? How will this affect total ..
what is the derivative dQ/dP at P = $1? d) For each demand curve, what is the point elasticity dQ/dP at P = $1?
You are a short hedger, when you initially check the cash market and sell a futures contract, the basis is -$1.00; when you sell in the cash market and off-set your futures position, the basis is -$0.56. (please show work and formulas used for refere..
Sam’s utility function is U(x1, x2) = 2x1 + x2, where x1 is the number of units of good 1 he consumes per week and x2 is the number of units of good 2 he consumes per week. Sam has $200 a week to spend.If he belonged to the club, he could buy good 2 ..
A growing economy means that the economy is producing more also more stuff, either since it has more resources.
Illustrate and explain the changing demand for Big Mac using indifference curve and budget line.
Prove utilizing a graph, that a diagonal line through the original would intersect each indifference curve once.
Many consumers like to eat their salsa with tortilla chips. In economics, these products are often reffered to as complements. What happens to the equilibrium price and quantity of salsa if the price of tortilla chips increases? Why?
q.assume you are a typical consumer and expect to work for 40 years from this point onward and to live for 10 years
Assume that there are 100 identical firms that would be willing to sell 10 units each of the same good if the market price were $5 per unit. They have identical individual supply curves that are positively sloped straight lines that go through the or..
A consumer spends more time searching for a good when her reservation price is:
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