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You are a supervisor with your firm and a member of an employee-involvement program designed to enable employees to negotiate collectively with top management on such issues as benefits and pay rates. You recently have been trying to persuade top management not to reduce costs by cutting existing health coverage. Top management refuses to negotiate and plans to proceed with the cuts without exploring other options. Talk of a strike begins to circulate. Top management responds by arguing that the employee-involvement program has no authority to call a strike and if it does so its members will be fired.What could you do next? Just roll over and accept benefits cuts that you as workers think are unnecessary? Invite an independent union to organize your workplace?
Revenue from the sale of ergonomic hand tools was $300,000 in years 1 through 4 and $465,000 in years 5 through 9. Determine the equivalent annual revenue in year 1 through 9 at an interest rate of %10 per year.
a consumer of two goods faces positive prices for both goods and has positive income. her preferences over consumption
If two people have cardinal utility functions, person1 is Utility = XY and person2 is Utility = (XY)^1/3 which bundle would they find to be best Bundle 1: Has an indifference curve of Y = 1/X
At its current level of production, a profit-maximizing firm in a competitive market receives $12.50 for each unit it produces and faces an average total cost of $10. At the market price of $12.50 per unit, the firm's marginal cost curve.
suppose an economys real gdp is 38000 in year 1 and 41200 in year 2. what is the growth rate of its real
Although all appliances are given a unique serial number when manufactured, until this year Armonco had no capability of determining how often any appliance was brought to an authorized service facility.
Government consumption in our model is simply a "waste", that is it does not affect anyone's utility or affect the production process. Use the Pareto Optimality framework. For each of them, solve the social planner's problem and show the equations..
Assume ZCorp has the following short run production function: Q = 500X - 2X2 where X is the only variable input used by ZCorp to product its product, Q. Because ZCorp sells its product in a perfectly competitive market, it can sell all the Q it produ..
If the marginal propensity to consume for an economy as a whole is 0.75, what is the simple multiplier equal to? If governments spend 1 billion dollars, how does this translate into a greater than a $1 billion impact on the economy.
The demand schedule in the first market is Q1=100-0.5P1, where P1 is the price of the product and Q1 is the amount sold in the market. In the seconds market, the demand is Q2=140-P2, where P2 is the price of the product and Q2 is the amount sold i..
swapna david is a customer assistant consultant for acme information systems who provides assistance for computer
Ralph wants to buy some milk and a box of cereal. If Ralph buys 4 gallons of milk at $3.00 per gallon, the box of cereal costs $2.00. If he buys 5 gallons of milk, the box of cereal is free. For Ralph, the marginal cost of buying a fifth gallon of..
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