User Account

All Pages

Which of the two groups will participate more in the work

Assignment Help Microeconomics
Reference no: EM13317703

Consider the choices of two groups of women ages 30 to 50. All the women in one group have a college education. All the women in the other group have less than a high school education. Which of the two groups will participate more in the workforce? Which of the two groups will bear a larger number of children on average? Explain your answers based on the concept of opportunity cost.

Reference no: EM13317703

Questions Cloud

Display account number and balance for all customers : This assessment item is designed to test your understanding of arrays/arraylists, objects, classes, methods, sorting and searching.
By how much does its volume decrease : The deepest place in all the oceans is the Marianas Trench, where the depth is 10.9 km and the pressure is 1.10×10^8Pa. by how much does its volume decrease
How is the time spent on leisure likely to change : As the skill level (and therefore earnings rate) of, say, an architect, computer specialist, or chemist increases, what happens to his or her opportunity cost of doing other things? How is the time spent on leisure likely to change?
During the last three decades entrepreneurs like michael : During the last three decades entrepreneurs like Michael Dell, Sam Walton, and Ted Turner earned billions of dollars. Do you think the average American is better or worse off as the result of the economic activities of these individuals? Explain your..
Which of the two groups will participate more in the work : Consider the choices of two groups of women ages 30 to 50. All the women in one group have a college education. All the women in the other group have less than a high school education
Find the probability that student smokes but does not drinks : Suppose that in a senior college class of 500 students it is found that 210 smoke, 258 drink alcoholic beverages, 216 eat between meals, 122 smoke and drink alcoholic beverages, 83 eat between meals and drink alcoholic beverages
determine the final temperature of the gas : A cylindrical flask is fitted with an airtight piston that is free to slide up and down, A mass rests on top of the piston. determine the final temperature of the gas
How will international trade influence people production : What is the law of comparative advantage? According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation produces?
Develop and modify things in ways that are beneficial : If you have a private-ownership right to something, what does this mean? Does private ownership give you the right to do anything you want with the things that you own? Explain. How does private ownership influence the incentive of individuals to

Reviews

Write a Review

Microeconomics Questions & Answers

  Solution to the fundamental economic problem

Explain the effects of the new factory on the items below. Then place the number of each item on the circular-flow diagram to show whether the activity takes place in the product market or resource market

  How online sellers obtain information about price elasticity

find examples in the current business news media of how ebay and other online sellers obtain information about the price elasticity of demand by making unannounced temporary adjustments to thier prices and fee structures

  Computing the concentration ratio

Industry structure is often examine through computing the 4-company Concentration Ratio. Assume you have an industry with 20 firms and the CR is 30 percent.

  Isoquant-isocost diagram

Employ an isoquant and isocost diagram and words to show how firms will respond to the decrease in the wage rate. Be sure to identify the short run scale effect and the long run substitution effect.

  Consider the six reform proposals suggested by the authors

Consider the six reform proposals suggested by the authors at the end of this feature. Indicate why you believe each is either a good or a bad idea

  How and why does it differ from the original is curve

According to the life-cycle / permanent-income hypothesis, consumption depends on the present discounted value of income. An increase in the real interest rate will make future income worth less, thereby reducing the present discounted value and r..

  How did the market structure in which the firm competes

How did the market structure in which the firm competes affect the firm’s decision-making? If the market structure was not a factor, how do you believe it should have been incorporated into the strategic decision-making process?

  Supply-demand-equilibrium quantity and price

Find out the quantity demanded, the quantity supplied, and the magnitude of the shortage if a price ceiling of $30 is imposed in this market. Also determine the full economic price paid by consumers.

  Why does the fed like to fight inflation in our economy

Why do you think the FED evaluates the money multiplier when making decisions with regard to the money supply What function does the money supply serve in our economy to influence certain economic variables

  Determine the specific details about fictitious company

Determine the specific details about this fictitious company in order to conduct an environmental scan of this company.

  Find the sample mean and variance

Find the sample mean and variance of the Credit Score variable and find the sample covariance and sample correlation coefficient of Wait Times and Credit Scores.

  Explain monopoly

Suppose that due to a new government study, consumer preferences for chicken suddenly increase. In the model of consumer theory, this would be represented by, During the 1990s, some countries lifted price ceiling on eggs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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