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Q. Historical Example of Labor Supply also Demand
Submit a 250- to 300-word response addressing one of the subsequent historical events in terms of labor supply also demand: the Great Depression, the Luddite Revolt, the Black Death, or the technology boom of the 1990s. Include the following:
a. Illustrate what was the impact on the supply also demand of labor on one sector of the labor market?
b. Elucidate the factors which affected labor demand also labor supply in the chosen historical example.
Calculate a marginal cost as well as an average cost schedule for the firm.
Assume that health insurance begins to cover hip replacement surgeries that everyone interested in getting a hip replacement has health insurance.
Based on the IRS actuarial table, Mario has a life expectancy of 20 years. If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return.
The widget Industry in Any town is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
If the total fixed cost increases to $5,000, Elucidate how many papers should be sold daily for profit maximization.
Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.
What price are individuals with $5,000 in the bank willing to pay for the insurance. Will those with $5,000 in the bank voluntarily purchase insurance.
The government plans to rise state spending by $2bn in the next fiscal year.
After reviewing efforts to reduce the Deficit, discuss the actions in use by Congress since 1985 to reduce the budget deficits.
If the government imposes a ceiling of $6 on the price of the firm's product, Illustrate what output will the firm produce also Illustrate what will be total profits.
Does a persistent balance of payment deficits result in a pressure to devaluate the currency.
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