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a) The price of televisions has been declining in Japan for the past few years. Explain how it affects the value of marginal product of labour (VMPL), equilibrium wage and quantity of labour in television factories in Japan. Explain with a diagram.
b) A branch office of an international corporation in China employs a receptionist aged 24 instead of employing a prospective candidate aged 40. In what way is this a case of discrimination and in what way is it not?
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
Draw a demand-supply graph and label the aces with the price and quantity of khaki pants for each scenario below. Does this event increase or decrease demand and/or supply? Find the new equilibrium and compare it with the original one in terms of equ..
The residents of the town Marina Del Rey all love economics, and the mayor proposes building an economics museum. The museum has a fixed cost of $ 2,400,000 and no variable costs. Graph the museum’s average total cost curve and its marginal cost curv..
Illustrate what would be the best advice to give him knowing which this is his only source of income.
Involuntary unemployment at this wage. If so, how much. Illustrate with a diagram. What if minimum wage is set at 40,000.
The bank is paying 10.13% compounded annually. The inflation is expected to be 11.77% per year. What is the market interest rate?
q.the first company is a trendy bar. the bar is currently seeing many young well paid professionals as customers but
Illustrate what is the effect on equilibrium price and quantity in the market for oranges if a new orange picking machine is developed.
Suppose a manufacturing firm dumps its waste into the river, causing pollution downstream where residents like to water ski and fish. The marginal external cost to the residents is $800 for their diminished recreational enjoyment. What is the efficie..
Draw a graph showing market for squash at farmers’ market that depicts positive profit. Next show what will happen to this graph when positive profit attract more farmers to the market.
Describe a job compensated with incentive pay in your company. What performance evaluation metric is used, and how is it tied to compensation? Does this compensation scheme align the incentives of the employee with the goals of the company? Estimate ..
how the United States and the other country differ. Which of the two countries has better prospects for the future and why? Provide a reasoned opinion.
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