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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.
This assumption implies that armed conflict can be a necessary prelude to a negotiated settlement of a newly arisen dispute. What about breakdown of existing agreements to settle territorial disputes peacefully.
If the machine could instead be leased for two years for some monthly payment (paid at the beginning of each month), what monthly cost would be equivalent to the original schedule of payments?
An office of 120 employees must be redesigned to accommodate 30 new employees. At the same time it should be made as effective as possible.
If it cost Wardco $10million to treat the water and the value of mined products to customers is $8million, requiring water treatment would kill the project. Should Wardco be required to treat the water in this case?
B involves the polluters in each region independently negotiating pollution deductions, assuming the other region is not undertaking pollution reduction.
determine the breakeven output and total sales revenues. determine the output that would generate a total profit of $60,000 and the total sales revenues at the output level (Do not draw chart)
Equilibrium in the market occurs at a price of $2,500 and a quantity of 10,000. Draw the demand curve that must exist if consumers bear the entire burden of a $500-per-TV tax imposed on this market
Suppose that you have two people in an economy, Ms. Hundley and Mr. McKenna, who want to produce a public good S. Suppose we calculate the Lindahl equilibrium using the method in your textbook
Demand in a perfectly competitive market is Q = 100 - P . Supply in that market is Q = P - 10.
Discuss the advantages and disadvantages of using divisional profits as the basics of incentive compensation for fivision managers compared to using company profits as the basis.
explain why airlines might be more likely to match price cuts than price increases. (b) Which theory of oligopolistic behavior does the above situation most resemble?
illustrates what is a possible analytical tool to study the impact of WTO's trade rule on economic development of SSA?
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