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Suppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed. Two explanations have been put forward:
a. Engineering advances have made it less costly to create a safe working environment.
1) The phenomenal success of a new reality show “Die on the Job!” has instilled millions of viewers with an idealistic perception of work-related risks. Using supply and demand diagrams show how each of the two developments can explain the drop in the compensating wage differential.
2) Can information on the number of workers employed in the risky occupation help determine which explanation is the right one?
The demand for shoes can be expressed as Q = 100 - 10P., where Q is quantity and P is price.Using the midpoint method, what is the price elasticity of demand when the price of shoes goes from $5 to $6?
q.paolo currently has 100000 invested in bonds that earn him 10 percent interest per year. he wants to open a pizza
During the first 13 weeks of the t.v season the Saturday evening 8:00pm-9:00pm audience proportions were recorded as ABC 29% CBS 28% NBC 25% and independents 18%. a sample of 300 homes two weeks after Saturday night schedule revision yielded the foll..
Interest rate if no one else will give me a loan? Will I be better or worse off as a result of taking out this loan. How can you make a case for legalizing loan-sharking.
During hard times what should be done to encourage people to spend more so as to rise aggregate demand and invariably, create employment possibilities.
q.the north american free trade agreement nafta was created 20 years ago to expand trade among canada u.s. as well as
it can sell its output for $25 each. Illustrate what is break-Explain how your work both graphically and algebraically.
q.suppose that the inverse demand curve for paper is p 200 - q. the private marginal cost is mcp 80 q and the
Master Card has a series of cute commercials that list a series of accounting items also costs leading to a costless product.
Suppose that Ellen has $I to spend on goods x and y: The price of good x is px and the price of good y is p y: Write down Ellen's budget line and draw it. Indicate the slope, as well as the vertical and the horizontal intercept.
how to compute implicit explcit and opportunity costs. jamal has a flexible job. he can work everyday but is allowed to take a day off anytime he wants.
Robert and Janet are discussing unemployment and inflation in their country. On the basis of a recent newspaper report, Robert claims that a 5% reduction in unemployment will lead to a 2% rise in inflation. On the other hand, Janet insists that infla..
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