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Q. 1.Discuss contributions of competing and dominant school of thought to evolution of labour economics; mention paradigm differences and distinctions between old labour economics and new labour economics.
2. a. Discuss in brief following labour market models:
i. Wage competition model
ii. Internal labour markets
b. what do we mean by labour market outcomes and labour market processes?
c. What are unique features of labour market?
Can you think of circumstances in which each industry would exhibit the same capital-labor ratio in both countries.
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
A monopolistically competitive industry such as baked goods also a perfectly competitive industry like wheat farming are alike
Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry.
A consumer must pay $10 per visit to an amusement park for the first five visits but only $5 per visit beyond five visits. What does the budget.
Nancy's price-offer path is horizontal. Explain how does Nancy's expenditure on good 1 respond to changes in p1.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Compare also contrast McDonald's strategies in China with those of Wal-Mart in Mexico.
measured in thousands of units and price (P) is measured in dollars per unit. The equilibrium quantity in this market it.
the quantity demanded of Cake is 100 slices and the quantity demanded of cheese bread is 100 pieces.
Explain how many units of labor and how many machines would the firm use to produce 40 units in the cheapest possible way.
Which of following claims concerning importance of effects that explain slope of U.S. Aggregate demand curve is correct.
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