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Q. 1. Real wages and productivity-are workers' paychecks keeping up? Over the long run traditionally, real wages grow at about the same pace as labor production. However there has a real compensation per hour which kept up with output / hour over the latest three years shown? Elucidate what you are looking for the nearly current information on percentage changes in output per hour of all persons in the business sector (labor productivity) and percentage changes in real compensation per hour. 2. By origin of the Idea, identify those who gave us the concepts of "monopsony" and "human capital," and explain what those terms mean in your own words.3. In terms of the Supply and Demand for labor, how are the minimum wage and union wages similar and how are they different? Think about the markets for these two and use economic analysis in your answer.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
The market demand and supply function for VCR movie rentals are: QD= 10 - 0.04p and QS 3.8P = 4. Calculate the equilibrium quantity and price.
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
Paul owns a home on the top of a hill and enjoys an unobstructed view of a large wooded area.
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
Calculate the constant debt-GDP ratio that the country can achieve if the country runs a primary budget deficit of 3%. Is this debt-GDP ratio stable.
The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.
All farmers in Trivialand are self - employed and sell all of their wares to Super Duper. Elucidate the costs incurred by all of Trivialand's busines.
Identify one positive or negative supply shock in the last decade and what is the impact that the shock has had in our economy.
It comes to global expansion and setting up affiliates aboard, how is a service company's focus different from that of a manufacturing company
What is the difference between a production function and an quant. Explain the law of variable proportions with the help of quant.
Determined by the ability to find, attract, keep, develop, and tap into the most talented workforce that can be assembled.
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