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QUALITY OF EMPLOYMENT :
Productivity of Employment In a poor country like India being employed does not by itself necessarily ensure a decent level of living. In 1999-2000 the overall rate of unemployment in India was as low as 2.23 per cent, whereas the percentage of people below poverty line was as high as 26.1 per cent. This shows that of the total employed persons about 23.87 per cent fall under the category of working poor. Obviously, the major problem relates to that of the 'working poor' as the productivity of employment is very low. The low productivity of employment is mainly because of low educational and skill levels of the workers. About 44.0 per cent of all workers in 1999-2000 were illiterate and another 22.7 per cent has schooling only up to the primary level.
Capital make large scale production and greater degree of specialization possible. Thus with capital accumulation the advantages of large scale production and specializations are o
Ask qIf the supply and demand curves for labor are represented by the following equations: Wd= -- (1/100)Ld + 30 Ws= (1/200)Ls Ws=Wd Ld=Ld a. Graph the results and show the equili
different types of production funtion and curve given by different economist
1. Consider a model economy with a production function Y = K 0.2 (EL) 0.8 , where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is define
if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.
The price elasticity of demand is how economists calculate the responsiveness of consumers to alters in prices for a commodity. In other words, as price enhances (reduces), the qu
list all the type of cost
Critically examine recent developments in demand theoryon #Minimum 100 words accepted#
describe engineering cost theory in detail
A " properly mixed strategy " means a mixed strategy that does not assign all the probability to one pure strategy. In other words, it is not a pure strategy. Consider a simultaneo
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