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Question 1:
a. Describe the role of trade union in the wage bargaining process.
b. Formulate a model that tests for the wage gap between union and nonunion earnings in a given economy. Briefly explain the expected outcomes.
Question 2:
a. Using diagram explain the consequences of a monopsony situation in the labour market.
b. How far the labour market in Mauritius contrasts to a monopsony situation? Note: arguments shall be separately presented for public and private sectors/industries.
Question 3:
a. Describe the long-run impact of labour migration.
b. Describe the significance of labour migration in Mauritius.
QUESTION (a) Senior executives of the public sector are now faced with the challenging task of evaluating ‘e-Government' projects. Discuss the main character features involved
Explain the statement "during the second quarter of 2010 Irish gross domestic product fell by 1.2%. According to given statement Ireland's gross domestic production fell down i
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Explain about the term Traditional Economy. Traditional economy: It is where decisions regarding what, how and for whom to produce are based onto tradition and custom. A
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Consider another company, Lateco, which has just received its fifth round of investment. These rounds have been: Series A: CP ($5M FV) or converts to 5M shares of common. Se
law of variable propotions
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how does economic theory contribute to managerial decisions?
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