Reference no: EM13154069
This is for Microeconomics
Question 1.How would a gradual increase in the percentage of fathers who stay home to care for young children while their wives continue working ultimately alter the male-female wage gap?
What Is likely to eventually happen to the male-female wage gap if a higher percentage of college graduates continue to e women in future years?
Question 2. Today when a composer wishes to record a six-minute musical composition written for an ensemble of 18 string instruments, one option is to pay about $50,000 for 18 musicians to product a professional recording. Another option is to pay $800 to firms such as Fauxharmonic Orchestra to create a recording using a computer program that re-creates the tones of the required 18 instruments. For most composers, this is an easy decision to make. As the price of computer-generated musical recordings has decreased, the demand for human musicians has declined.
What do you suppose has happened to the demand for string instruments used by performing musicians as a result of the decrease in demand for musicians' services?
Question 3.
At present, U.S. railroads own about 595,000 railcars and lease an additional 717,000. The demand for rail freight services has increased markedly in recent years as the booming ethanol industry has sought rail transport of raw ingredients, by-products, and finished ethanol. The resulting rise in the price of rail freight services has increased railroads' marginal revenue product, so demand for railcars has also increased. Manufacturers' average annual product of railcars has been more than doubled since the early 2000s, to in excel of 60,000 railcars per year.
What would likely happen to the demand for railcars if the ethanol boom were to go bust?
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The proposal lead to an income tax base
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The best articles are about changes
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What amount can kevin exclude from gross income
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How confident for selling four houses within available time
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At present, u.s. railroads own about
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Operating part of the cash statement
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Calculate ninety nine percent confidence intervals
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Six abbreviated bulleted items
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