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Felix Santos, Carlos Garcia, and Jose A. Valdes Prieto were stock persons for Cuba Tropical, Inc., a supermarket supplier. They regularly worked over 40 hours per week, but they were not paid overtime. They brought suit to recover their overtime pay against Cuba Tropical as well as Jose L. Rodriguez, a co-owner of Cuba Tropical. Mr. Rodriguez has no control over the hiring and firing of employers, does not establish their working hours, and did not visit the warehouse where the three employees worked. He hired managers for the business and had them handle the day-to-day operations. He was required to sign certain documents for the corporation, but he did not sign any checks personally. Can Mr. Rodriguez be held personally liable for the overtime wages that are due to the three men?
How do these experiments explain why England wanted to tax trade in the American colonies; which led to rebellion and the formation of the United States
Savings of $5600 per year can be achieved through either a $14 000 machine (A) with a sevenyear service life and a $2000 salvage value, or a $25 000 machine (B) with a ten-year service life and a $10 000 salvage value. If the MARR is 9 percent, which..
Interest rates in the United States have fallen in recent years. In terms of the loanable funds market, which combination of changes in the supply of and demand for loanable funds could best explain this?
President Obama appointed the bi partisan Bowles-Simpson Commiss ion to create a blue print for fiscal reform, but nothing came of it. Discuss the zero plan features terms of efficiency and equity. Do you prefer the alternative plan that limits rathe..
There are a number of measures of aggregate economic activity, such as GDP, GNP, national income, personal income, and disposable personal income. Each of these measures can be a good indicator depending on the issue under consideration. the relative..
Indicate whether the following events would cause an? "increase or a decrease in demand or an? "increase or a decrease in the quantity demanded?" for? cable-based Internet access? service, which is a normal good.
For each situation described here determine the type of unemployment: Steelworkers losing their jobs due to decreased demand for steel. A college graduate waiting to accept a job that allows her to utilize her level of education
This week, we are going to talk about bubbles, specifically, are we in one now? This in't really about growth - its more about the business cycle, but I found it particularly interesting. While much of the podcast focuses on San Francisco, there are ..
Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers the firm produces 90 units of output. Fixed costs of production are $6 and the variable cost per unit of labor is $10. T..
Use supply-and-demand analysis to answer the following question. This means using Figure 1 below actively (or drawing your own graphs). Assume that supply-and-demand analysis is in fact applicable in all the relevant markets. (a) Assume fertilizer pr..
An agricultural firm has a production function (products of the whole year) given by q=500sqty(SF) q is output of agricultural products in pounds. S is land area in square feet. F is number of farmers working. Find the best way to produce 5000 pounds..
One day you arrive to discover that the coffee shop has changed its name to Five bucks and is now charging $5 per cup.
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