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Think a proposal required all workers to provide each employee with health insurance. if a proposal would require all employers to give each worker health insurance, and as a result employers costs increased by 5,000 and workers value these benefits by 15,000. therefore there will be lower monetary wages, companies will pay less total compensation, and employment will increase - however what will happen if the market is characterized by sticky wages?
As the number receiving the bonus vary from year to year due to the state of the economy.
supply curve is applicable to a nation's economy. Create appropriate diagrams to assist in answering the following questions:
Required to find out an articles about price elasticity in the home building industry
Assume that the price elasticity of demand for good. Describe how much consumption changes.
A bank in a mediumsized Midwestern city, Company X, currently charges$1 per transaction at it's ATM's. To determine whether to increase price,
The following table contains 3-hypothetical public assistance plans. Calculate the minimum income, the benefit- reduction rate, and the break-even income for each plan.
Assume after 10 years real consumer spending doubles to 100. Explain how much do you believe will be the budget share of leisure.
Antitrust authorities at the Federal Trade Commission are reviewing you company' recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power.
Your corporation sells its product online and in stores. Your marginal cost $30 is the same in both markets. The demand and marginal revenue curves in two markets are different however.
Globalization has changed world economy in many ways. One result of globalization is off shoring which has had its share of economic impacts on domestic employment as well as world employment.
Maggie's utility function is and her income is $5000. Then her MRS at generic bundle (x1, x2) is 50-0.25x1. Commodity 2 is a composite good, and hence its price is unity.
Find out average fixed costs when the firm produces 50 widgets per day. Find out average total and variable costs for producing 49 widgets.
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