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a. Construct the market demand and supply curve for labour, and mark the equilibrium wage and employment.
b. Show and explain the impact of each of the following in your graph in part a.
(i). An increase in price of the good sold by firms
(ii) Decline in price of using capital (substitutable for labour) relative to the wage rate.
c. Assume a union is unhappy with the equilibrium wage rate in the market and decides to restrict labour supply to raise the equilibrium wage. Illustrate this in a demand and supply of labour model.
d. Discuss the consequences of the union's actions (in part c).
At 0.01 significance level can we conclude that mean fare has increased? Determine the p-value?
Investigate the link between these two variables by conducting a complete simple linear regression analysis of the data. Summarize your findings in a professional report.
Hemophilia is an inherited sex-linked genetic blood disorder
seventeen people are randomly chosen from people in the u.s. and asked do you have brown eyes? does this procedure
Without calculating out P(Z = k) exactly, sketch the histogram of Z, and explain its unusual shape.
An insurance company handling malpractice cases is interested in estimating the average amount of claims against physicians of a certain specialty.
a light fixture contains 2 light bulbs. the lifetime xi of each bulb is exponentially distributed with a mean of 200
Calculate the 95% confidence interval for the proportion of students with at least one injury for each of the two subpopulation
The University of California at Berkeley's Wellness Encyclopedia (1991) contains the following statement in its discussion of HIV testing: - Using the numbers in the statement above, what is the probability that your friend actually carries the viru..
Suppose that X is a constant random variable and that Y is any random variable. Prove that X and Y must be independent.
a door-to-door residential solar electrical system salesman is required to document four in-home visits each day.
As an employee I think the main advantage of having an HR portal as the main vehicle for communicating with HR would be the ease in which it could be done.
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