Specified in the law or in an employment contract

Assignment Help Microeconomics
Reference no: EM13688019

Employees have certain legal rights such as the right to be paid a minimum wage and to have a workplace free of sexual harassment. Must employees have rights that are not specified in the law or in an employment contract? Provide examples

Reference no: EM13688019

Questions Cloud

Effects of a reduction in the nominal money stock : Analyze the effects of a reduction in the nominal money stock on the price level, on output, and on the real money stock when the aggregate supply curve is positively sloped and wages adjust slowly over time
Pecuniary and non pecuniary : Normal 0 false false false EN-US X-NONE X-NONE Identify some of the costs (pe..
Investigated for antitrust behaviour : Why was/were the firm(s) investigated for antitrust behaviour? Identify some of the costs (pecuniary and non pecuniary) associated with the antitrust behaviour (firms having power in the market). Additionally, note the specific antitrust act (Clayton..
Specified in the law or in an employment contract : Employees have certain legal rights such as the right to be paid a minimum wage and to have a workplace free of sexual harassment. Must employees have rights that are not specified in the law or in an employment contract? Provide examples
Is the initial allocation pareto efficient : Presume there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X*Y UB(X,Y) = 2X + Y The initial endowments are: A: X = 4; Y = 2 B: X = 6; Y = 8. Is the initial allocation Pareto Efficient? What is the margina..
Consumption-output-investment-real interest rate : Through the 1990s government purchases of goods declined as portion of overall output, in part because of the end of the cold war. If we ignore trade and treat the U.S. as a closed economy, what would be the predicted long-run result of this shift on..
Consumer purchase to maximize her utility : A consumer's utility function is given by U(X,Y)=X*Y. The customer has $576 to spend. Px=16 & Py=4. How much total utility does the consumer receive? How much X & Y should the consumer purchase to maximize her utility?
Infer about the market share of each firm : Presume 2 firms are found on the real line [0,1]. Firm 1 is located at a=.15, and Firm 2 is located at 1-b, where b=.15. Suppose P1=P2=$10. Consumers face a distance cost of $2 per square unit of distance.

Reviews

Write a Review

Microeconomics Questions & Answers

  Market structure of airport

Describe supply and demand as it relates to airport market structure(oligopoly). Describe customers options - given the customers are price sensitive

  Choose the industry recognize the organization in that

you will apply important microeconomics concepts toward the competitive strategies of an organization that operates in

  The mulitplier effect occurs because

As increases in income cause a chain reaction of spending by many business and individuals.

  Which of the following financial statements is concerned

1. which of the following financial statements is concerned with the company at a point in time?income

  Determine the price level p in the economy illustrate how

consider a classical long-run economy described by the following equationsy c i gy al ka 50l 400k 100g 0t 0c

  Relevant and irrelevant costs

Illustrate and fully describe using an example of relevant cost (a cost whose value does affect the optimal decision) and an example of irrelevant cost (a cost whose value does not affect the optimal decision) to the business regarding this decisi..

  Explain and compare these four different scenarios on how

explain and compare these four different scenarios on how mortgage depreciation and tax expense impacts decisions on

  Connections in female labor force participation and divorce

Explain the connections that exist between female labor force participation and divorce. Use your analysis to predict the patterns of divorce and female labor force participation over the next decade.

  What is the optimal effluent fee

What is the optimal effluent fee? b. If the cost of pollution control falls by $1 billion at each level of pollution, does this alter your answer to part (a)?

  To increase its return a bank that expects interest rates

to increase its return a bank that expects interest rates to fall willawant the duration of its assets to be greater

  Portion of the building for video game rentals

While the prospect of adding an additional $1,200 to World of Videos's bottom line was enticing, the owner was also contemplating using the additional space to rent video games. What is the opportunity cost of using the unused portion of the b..

  Find the new nash equilibrium

can country A change the outcome of the game by burning the bridge they are crossing to invade and committing its troops to fight? expand the game tree to show this option for county A and find the new Nash equilibrium. Explain

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd