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Micro Economics discussion questions
1. How is the fact that more low-income families are sending daughters, rather than sons, to college likely to affect the female income gap in the future?
2. Why do you think economist argue that the female wage gap will not entirely disappear unless women earn more degrees in business and sciences?
3. How could union members’ current annual incomes decline on net even if a long-lived strike induces a firm’s management to increase the hourly wage rate?
4. Sometimes union memberships coordinate work stoppages when all workers call in sick. From an economic stand-point, is there any dissimilarity between coordinated sick-day work stoppages and strikes? Describe.
Minimum wage legislation requires most firms to pay workers no less than the legislated minimum wage per hour. Using marginal productivity theory, explain how a change in minimum wage affects the employment of unskilled labor?
a 7 coupon bond issued by the state of new york sells for 1000 and thus provides a 7 yield to maturity. for an investor
explain the points in the process where the vendor has an opportunity to add value, be sure to answer the following questions, how does value vary for a large purchase versus a smaller one, does adding value cost money
a friend of mine came to penn state in the 1970s and told me that sticky buns at the college diner cost .75 75 cents in
several years ago the university of hawaii decided to make some significant increases in the prices it charges for
briefly sketch the plot of a disaster movie in which an electromagnetic pulse caused the shutdown of all electronic
the rules of the syldavian electricity market stipulate that all participants must trade energy exclusively through the
according to the federal reserves federal open market committee 2011 thenbspfederal reserve controls the three tools
A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500 kw, have a life expectancy of 20 years and suppose the discount rate is 10%. If electricity can be purchased for costs of $0..
Initially, Michael has 10 candy bars and 5 cookies, and Tony has 5 candy bars and 10 cookies. After trading, Michael has 12 candy bars and 3 cookies. In an Edgeworth box, label the initial allocation A and the new allocation B.
there are 2 brands of cell phones that are almost identical except for some minor features the a-phone and the
If the ce If the of Pepsi-Cola increases from 40 cents to 50 cents per can and the quantity demanded decreases from 100 cans to 50 cans, then, (according to the arc price elasticity formula,the same formula used in class).
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