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1. Job A pays $30,000 a year. Job B is completely identical in all aspects except it is located in an area that has a 10% higher cost of living. In order to compete, Job B would need to pay _____. This is known as a _______.
2. Explain the difference between the human capital and signaling theories of education.
3. Briefly describe each of the 4 main pieces of labor legislation.
Find out optimal consumption level of video games and burritos that maximizes total utility.
Now determine equilibrium quantity and graph the two equations to substantiate your answers and label these two graphs as Dl and SI.
Explain why would Pepsi agree to pay such a fee. What would likely happen if there were no pouring rights on campus.
Assume that 3-firms which produce a homogeneous output will compete by choosing prices and the market price P is the minimum of the 3-prices that are chosen.
Suppose annual salaries for sales associates from a particular store have a mean of $32,500 and a standard deviation of $2,500. Calculate and interpret the z-score for a sales associate who makes $36000. Suppose that the distri..
Explain how might this allocation under allocation get resolved via the means suggested by the coase theorem.
If markets do not self-adjust, how can a decline in spending lead to a negative process that ruins an economy? How are they related to the Keynesian Cross and/or the Aggregate Demand/Aggregate Supply Diagram
A firm wants to lease some land from you for twenty years and build a warehouse on it. As your payment for the lease, you will own the warehouse at the end of the twenty years.
A company in the US develops and patents a technique to produce low cost computer chips: Which account is impacted by this.
What money supply must the Bank of Canada set next year if it wants to keep the price level stable? What money supply must the Bank of Canada set next year if it wants inflation of the ten percent?
Elucidate how the firm can use transfer costs to lower the corporate tax burden, which is 34% in the U.S. and 30% in the foreign location.
Discuss the determinants of varying levels of income. What factors determine a person's wages. In your opinion, do these qualifications always hold true.
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