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Minimum wage legislation requires most firms to pay workers no less than the legislated minimum wage per hor. Using marginal productivity theory, explain how a change in the minim wage affects the employment of unskilled workers.
What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail
q1. which types of inefficiency described in chapter 10 do you think is most economically significant in the country
Research any two publicly traded companies, looking for one that has an attractive price earnings ratio and one that has an unfavorable price earnings ratio. Explain how you knew the price earnings ratio was attractive and unfavorable.
If hard freeze eliminates Brazil's premium coffee crop, illustrate what will happen to the price of premium coffee.
Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free? At what price would no caps be sold? Calculate the price elasticity of demand at a price of $6?
A new good or service for an existing business or a business that you want to develop and how will you determine the profit-maximizing quantity?
If $1,600 was received in January for services performed in January, what was balance in Unearned Service Revenue at December 31, 2000.
Illustrate what would happen to the equilibrium price also quantity of lattés if the cost of producing steamed milk
The Wall Street Journal's experience after an increased its price to 75 cents. Illustrate what implicit assumptions are the publisher and the analyst making about the price elasticity.
Your consulting firm was recently hired to improve the performance of Shin-Soenen Inc, which is highly profitable but has been experiencing cash shortages due to its high growth rate
Illustrate what would happens to the equilibrium price and quantity. The widget firm in Springfield is competitive,with numerous buyers and sellers.
q.youve been assigned a group paper with one other person. the paper costs c to produce and a good grade is worth v to
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