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Question: Miner Sacks 17,000 Workers Over Pay Dispute Impala Platinum has sacked 17,000 South African miners at its Rustenburg mine because they took part in an illegal strike. The miners refused to have their union negotiate in the two-week pay dispute with the world's second-largest platinum producer. Mining provides a quarter of all jobs in Rustenburg.
How would the wage rate and employment for the Rustenburg miners be determined in a competitive market?
1. why does rent control result in a shortage of rental units?2. any time there is a shortage of a good it means that
MEDICAL TESTS One of the principles that arises from a decision-analysis approach to valuing information is that information is worthless if no possible.
Rosalie, a wealthy widow, invited an acquaintance, Jonathan, to her home for dinner. Jonathan accepted the offer and, eager to please her, spent lavishly in preparing for the evening. His purchases included a new blazer, new shoes
Comparing with one-factor authentication, two factor authentication provides more protection to the user identity in online services. please compare the three different types of current;y available techniques for second factor regarding password crac..
The Kentucky Derby is held the first Saturday in May at Churchill Downs in Louisville, KY. The racing track is one and one-quarter miles. The winners since 1990, their margin of victory, the winning time, and the payoff on a $2 bet.
1. suggest how an economist would approach the problem of alcohol abuse. provide two 2 possible solutions to this
The demand for good X has been estimated by Qxd = 6-2PX+5Py. Suppose that the good X sells at $3 per unit and good Y sells for $2 per unit. Calculate the price elasticity.
"No firm is completely sheltered from rivals; all firms compete for consumer dollars. If that is so, then pure monopoly does not exist." Do you agree. How might you use concept of cross elasticity of demand to judge whether monopoly exists
How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source
You are the manager of a small pharmaceutical company that received a patent on a new drug three years ago (patents in the U.S. are valid for 20 years). Despite strong sales ($125 million last year) and a low marginal cost of producing the product ($..
Identify at least four key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
Calculate the expected level of demand in a typical market and indicate the range within which actual demand is expected to fall with 95% confidence.
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