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Assume an employer offers a base wage of twenty dollar per hour for the 1st 40-hours of a work each week and overtime pay of thirty dollar per hour for any hours beyond forty per week; the employer allows workers to choose their own hours of work. Suppose employee A chooses to work thirty-six hours per week and employee B chooses to work forty-two hours per week. Compute the average weekly earnings for employees A and B, and compute the "earning gap" (in percentage terms) between them. In your view, does this observed earnings gap constitute discrimination? Justify conclusion.
A recent British study found that married mean earned more than unmarried men---but only if their wives did not have full-paid employment. Suggest an explanation for this finding. (Hint: In which case is a man more likely to share in the household responsibilities, including child care?)
Women who own their own businesses earn net profits that are only half as large as the net profits earned by men who own their own businesses. First, consider why women would be willing to accept lower profits. Could this reflect poorer options for women as employees? Alternatively, could it reflect other attributes of self-employment that women might fing more advantageous than do men? Then think about why women do earn lower profits. Is this evidence of discrimination? If so, by whom? If not, what else might account for the lower profits?
Why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience?
Illustrate what are some advantages of a unionized organization. What are some disadvantages.
Critically discuss that there is no satisfying theory that explains the behavior of firms in oligopoly markets. Which theories should I include in the analysis and give some examples relevant to these theories?
Are you agree or disagree- Describe your answer with economic principles and the reasons why.
Utilize the information to predict the yearly number of VCR's sold under the following conditions.
The investment demand curve is a useful tool to summarize an important and complex relationship in the economy. The determinants that may cause this Investment Demand Curve for the U.S. economy to shift are acquisition
Sketch Sally's indifference curves and explain her consumption choices in term of marginal utility.
Intra-industry trade comprise countries exporting and importing the same or very similar goods. Why would countries export and import the same or similar products.
Describe by what percentage would a 10% rise in the price reduce the quantity demanded, assuming price elasticity remains constant along the demand curve.
Prediction of changes in the business environment affecting strategic planning. Elucidate the relationship among strategic planning and organizational design.
Explain how the aggregate expenditure function shifts in response to changes in each of the following variables:
A lawyer who runs a beat up car also wears frumpy clothes may have a hard time getting clients. Potential clients may conclude from his appearance that he is poor, and if he is poor, he probably is not very good.
As a manager of a financial planning company you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement
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