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Q. 1.Discuss contributions of competing and dominant school of thought to evolution of labour economics; mention paradigm differences and distinctions between old labour economics and new labour economics.
2. a. Discuss in brief following labour market models:
i. Wage competition model
ii. Internal labour markets
b. what do we mean by labour market outcomes and labour market processes?
c. What are unique features of labour market?
Which of the following statements best describes the concept of a binding price floor. Suppose that the equillibrium price of donuts is $1.00 per donut.
Elucidate how scarcity of resources influences this market and describe the choices stakeholders are forced to make.
Assume that Congress imposes a tariff on imported autos to protect the U.S. auto industry from foreign competition.
Explain how specifically does this information affect your desire to sign a two-year contract with Toy Yachts R Us.
One organization must have high fixed costs also low variable cost also the other must have low fixed costs also high variable costs.
Sharp rises in the cost of milk, grain, and fresh fruits and vegetables are hitting cafeterias across the country, forcing cash-strapped schools to raise prices or serve more economical dishes.
What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
Calculate and interpret the own price, cross price, and income elasticity of demand.
Under the first plan he pays $0.25 per minute of connect time. Under the second plan, he pays a lump sum of $30 per month and only $0.10 per minute of connect time. Determine David's optimal consumption bundle and his choice between the two plans.
State briefly the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.
why or why not bert is in a set salary he drinks 4 bottles of tea and 10 slice of bread.the price of tea is $10 and $4 per slice of bread.the last bottle of tea added 50 units to berts utility and the last slice of bread added 40 units.is bert ma..
Provide the information, is it surprising that the company's revenueincreased when it decreased the average selling price of its phones.
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