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Q1. Assume the labor demand curve of the firm is W= 20 - 0.01 Ewhere w is the hourly wage and E is the level of employment. The Union's utility function is U= WE
Illustrate wage would a monopoly union demand? Explain how many workers would be employed under the union contract?
Q2. Assume which the policymakers in a closed economy want to increase output without changing interest rates. Illustrate kind of policy mix would you recommend? Explicate your answer and the adjustment processes which take place with the help of an IS-LM diagram.
Should the airline replace its night flight from LA with a morning flight as well as should the airline remain in business.
Illustrate what is the shape of an indifference curve if there are economic bads on both axies.
What is the value of the economic's MPC. Data applies to an economy with only two sectors-households and firms no government or export.
Hospitals are engaged in intense competition to fill maternity beds. What type of advertising would hospitals most likely use to advertise their new amenities like hot tubs in every room, filet mignon or lobster on the menu, and afternoon teas for th..
Elucidate the multiplier concept as it applies in this case. What are the qualifications and limitations of the multiplier model.
Calculate scale elasticity at the mean of the data; In order to reduce unit cost would you recommend an increase or a decrease in total production? Why?
How do you recover an investment when the residual value is significantly less than the loan value.
Semi-Salt Industries began its operation in 1975 also remains the only industry in the world which produces also sells commercial-grade poly glutamate.
q.address the following questions1. what is the elasticity of the demand for cookbooks bought this way?2. is the
q1. the taxing agency in your state would like to impose a sales tax in a way that minimizes deadweight loss. to
The Circular Flow diagram is model of how the economy works. Explain how the model would change if the following events ocurred:Households increase savings.
Describe some forms of government spending that represent consumption ad some forms that represent investment.
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