Supply and demand framework, Marketing Management

The market for labor can be studied use a supply and demand framework.  The demand for labor is from employers who use labor to produce goods and services.  The supply of labor is from workers who forego their time to work.  What happen to the price(wages) and quantity of college educated workers in the United States if the following events happen.  Analyze each event separately using the model of supply and demand.  Illustrate each event with a graph of demand and supply.  Label curves, relevant points, and axes.

a.    The United States uses the draft for the Vietnam War from 1964 to 1973, while offering draft deferments to college students.

b.    Skill-biased technological change increases the productivity of college educated workers who have the skills to use new information technology.

c.    The Gozer-Destroyer plague of 2014 kills twenty percent of the people who are infected through unsanitary computer keyboards.

d.    Fifty million college educated workers move to America from Europe and Asia in the great migration of 2013.

Posted Date: 3/13/2013 6:23:13 AM | Location : United States







Related Discussions:- Supply and demand framework, Assignment Help, Ask Question on Supply and demand framework, Get Answer, Expert's Help, Supply and demand framework Discussions

Write discussion on Supply and demand framework
Your posts are moderated
Related Questions
New/Morden concept or product oriented concept of the marketing : Modern concept of marketing is a customer oriented concept. This concept is based on the assumption that a busi

various approaches that are followed by FMCG companies test marketing in marketing management

Q. Support Media used in advertisement? Support Media: - Message is legible, brief written in bold letters attractive, eye-catching and it must depict the brand name. It has

The responsibility of the Marketing Communication Manager is to sense those elements that can not be strong now but which in the future may have an impact on the organization and

technolgoy can change the following three factors? a. politics b. lifestyle c. production process d. buying patterns

Illustrate the term market and its managing. We comprehend a market like the set of all actual and potential buyers of a service or product, and we control the marketing by ana

How many factors are affected of strategies human resource investment decision? There are numerous factors which considered of strategies human resource investment decision. Su

Illustrates the Social Environment in marketing activities? Social Environment: Social Environment Living standards and quality of life Green movement: the trend occurri

consumer profile of typical buyer of rayban

Identify FIVE factors that should be taken into account when forecasting an organisation's need for additional staff. Future Operations/demand Future planned levels of org