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Question 1
The labor supply and demand curves for workers in the fast food industry are given by: Qls = 980 + 2W and Qld = 1000 - 2W, where W is the wage paid to workers per hour; Qls is the quantity of labor supplied by workers, and Qld is the quantity of labor (in hours) demanded by firms.
a. Graph the supply and demand curves and find equilibrium wages and labor.
b. What will be the burden (on workers and firms) of a unit payroll tax of $0.50 per hour imposed on firms? What is the deadweight loss? Indicate them on the graph.
c. What would happen to the burden of the tax if the workers valued the tax $0.30 per worker hour? What is the deadweight loss? Indicate them on the graph.
Modify each BankAccount class constructor and data entry function so that it throws an exception whenever a client attempts to instantiate a BankAccount with an account number that is less than 1000 or greater than 9999.
Discuss the 3 types of elasticity with their 3 numbers, and give 2 examples each for elastic & inelastic products.
Imagine you have been asked to Prepare a one-day training course that highlights the important elements of what you have just learned
What health concerns are identified on the Medical Management Guidelines for methylene chloride?
Derive taylor's polynomials of degree n for: f(x) = (1+x)^(1/2) and f(x) = cos x. Find the approximate value of above functions at x = pi/4 by hand calculator upto two decimal points. Show steps.
Create a data file in the specified format. Write a script that would read from the file floatnums.dat into a matrix, round the numbers, and write the matrix in the desired format to a new file called "intnums.dat."
Provide a few examples of alternative dispute resolutions (ADRs)? What are one or two advantages and disadvantages associated with ADR versus litigation? Also provide some examples of mediation or arbitration that can occur in your professional an..
What is the part number of the Inner Plate? How many rivets are required for the assembly?
Create a program that accepts a person's BMI score and outputs an appropriate comment on the score based on the following information:
Write a C++ function minimum. This function is passed a vector parameter and returns the smallest value stored in the array list. Write an additional code fragment to test this function. Include any declarations and initialization statements neces..
Analyze the major threats to mobile devices, and suggest at least two (2) methods to mitigate the concerns and make the devices more secure from an organizational standpoint. Justify your response.
which operations are expensive?
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