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Collective Bargaining/Unions - Advantages and Disadvantages
Please provide some information on unions from the employee's perspective.
- What are some advantages of a unionized organization?- What are some disadvantages?
And the same from a management perspective.
- What are advantages and disadvantages?
Elucidate your answer using proper economic terms and analysis.
The total sum of squares is 400 and the sum of squares errors is 100, what is the coefficient of determination?
Describe the idea of trade offs cost also benefit analysis when answering the above question.
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Compute the optimal bundles of consumption. The total use of each good is independent of the rate of consumption of the other good.
A firm uses a single plant with costs C = 160 + 16Q + .1Q 2 and faces the price equation-Find the firms profit maximizing price and quantity. What is its profit?
Elucidate that the indirect utility fuction of quasi convex function of prices and income
If a monopolist is creating a level of output at which demand is inelastic and the firm is not maximizing profits.
Suppose that in the market for comic book illustrators the substitution effect dominates the income effect While visiting Comic Con.
Calculate the markup percentage also target selling price that will allow Bolus Computer Parts to earn its desired ROI of 25% on this new component.
Explain they aim for a higher or lower target inflation rate. Will higher growth be achieved in the short run and the long run.
What elasticity of demand did the Village Administrator seem to assume here in his prediction for 1970- 1971? Compute the approximate elasticity of demand (round off, two decimal places is close enough).
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