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Why would an employer be reluctant to hire a person for a job that entailed a considerable amount of specific on-the-job trainning if the person had a high probability of leaving the firm after a year of two? How can this help explain the flatter age/earnings profile of female workers relative to male workers?
(Problem taken from Kaufman and Hotchkiss " The Economics of Labor Markets")
If the marginal product per dollar of capital is $2, the marginal product of labor is 20, the price of labor is $10 and the marginal product of land is 32, what is the price of land?
q.assume an industry is composed of the following eight firms.company market sharefirm a 30 percent firm b 25 percent
The market supply and demand functions for a product traded on a perfectly competitive market are given: QD= 40-P, QS = -5+4P, Based on this information, calculate the equilibrium price and quantity in this market. Now, suppose the competitive market..
question 1.1. demand for a company product is q400-0.5p and tc2000050q3qsquare total profit is maximized at output
If the nominal exchange rate were 1.2 Canadian dollars per U. S. dollar, illustrate what would be the real exchange rate.
Four political candidates are deciding whether or not to enter a race for an elected office where the decision depends on who else is throwing his or her hat into the ring. Candidate D prefers not to enter if either candidate B and/or C are expected ..
Draw demand, marginal revenue and marginal cost curves for each market. Approximate profit maximizing prices and quantities graphically and/or determining solutions algebraically. Illustrate what are firm's total profits.
Explain what action should be taken in terms of adjusting output if it is determined that marginal cost is greater than marginal revenue.
Construct a choice table for interest rates from 0% to 100%. If the MARR is 10%, which alternative should be selected? Can you please explain how to solve the problem on excel
Illustrate what should the U.S. Congress and the Federal Reserve do about it. Write your individual answers to both questions listed above together not each minimum 300 words in essay format in APA style.
If the price of apples rises and the quantity of apples exchanged decreases, then we know that there cannot have been a: decrease in supply with no change in demand.
A wave of day laborers with experience in home construction moves into the area. Will this shift the labor supply curve, demand curve or both in home construction.
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