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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 signalling theories of education.
3. Briefly describe each of the 4 main pieces of labor legislation.
Will fields with both oil and gas have greater difficulties in unitization, than the fields with oil or gas alone? Explain.
Explain the process or mechanism underlying how a market-based economic system allocates scares resources. Identify how this process might differ from a centrally planned or command economy.
If the probability of a newborn child bieng female is 0.5, find the probability that in 100 births, 55 or more will be female.Use the normal distribution to approximate the binomial distribution.
if unemployment insurance were so generous that it paid unemployed workers 90 of their regular salary a. the official
In what ways does economics class relates to the real world? How does knowledge gained from economics teaching been valuable in helping somone understand or evaluate events or policies?
The Concise Encyclopedia of Economics
Compute the marginal cost curve for Ajax.
Does it appear as though this firm is pricing its automobiles optimally? Why or why not? What advice would you give this firm with regards to its pricing policy and what would be the effect on the U.S. dollar-euro
How does competition affect profits and prices? What causes some firms to enter an industry, and others to leave it?
Our customers who choose to keep a car for an extra day are currently paying the same base daily rate. Do you see any potential in exploring alternative schemes? If so, what changes should we implement-shall we change the price for extra days? Wha..
The U.S. is in recession and, at last report, GDP was shrinking at a rate of 1% per year. The unemployment rate is rising and now stands at 7%. In recent months, the rate of inflation has been holding steady and is increasing at an annual rate ..
you consume only soda and pizza. one day the price of soda goes up the price of pizza goes down and you are just as
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