General and specific training, Business Economics

Assignment Help:

QUESTION 1

(a) Suppose the government decides to implement a minimum wage to help low-income workers. How will the minimum wage affect the demand for labor and what does this imply about the success of the government's initiative?

(b) Explain the effects of a minimum wage on monopsonised markets.

QUESTION 2

Briefly write on the following (each carries equal marks)

General and Specific Training
Determinants of Migration
Causes of Fringe Benefit Growth

Related Discussions:- General and specific training

Is there an optimum population size for a country, Is there an optimum popu...

Is there an optimum population size for a country? Optimum (best) population arises while productivity that is output per person is highest. • An under-populated country ca

Feasibility studies, c) Compare and contrast two advantages of refurbishing...

c) Compare and contrast two advantages of refurbishing an existing building with two advantages of developing a Greenfield site.

Macroeconomic, Question 1 (9 marks) During the 1990s, technological advan...

Question 1 (9 marks) During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets a

Gap between theory and practice, Managerial economics bridges the gap betwe...

Managerial economics bridges the gap between economic theory and practice

Dynamic Multiplier, #what questDynamic Multiplier, Economicsion..

#what questDynamic Multiplier, Economicsion..

PRODUCTION, Importance of production.

Importance of production.

Explain why a country might impose barriers to trade, QUESTION (a) Dist...

QUESTION (a) Distinguish between monetary and fiscal policy, giving examples where appropriate. (b) Discuss how fiscal and monetary policies might be used by a government du

Project atlanta-investment appraisal, a) $130,000 b) Project Atlanta...

a) $130,000 b) Project Atlanta has the shorter payback period Atlanta Boston Payback 1 year and 10 months 2 years an

Producing the standard level products, Provisionally the new software is ca...

Provisionally the new software is called SafeCus with two projected levels of service - Premier and Standard. The Premier Level could be on sale within a year and will provide b

Optimal Pricing for an Aggregate Demand Curve., Suppose you have ten indivi...

Suppose you have ten individuals with values ( $1, $2, $3, $4, $5, $6, $7, $8, $9, $10) . Your marginal cost of production is $2.50. What is the profit maximizing price?

Write Your Message!

Name

Email id

Message

Verfication Code

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

User Account

All Pages