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Consider the following situation. A couple, who recently as twins, makes two claims for parental leave. The husband makes a claim for the birth of one twin. The wife makes her claim for the birth of the other twin. As the head of Employment Insurance in Canada, would you allow either or both of these claims? Discuss your reasoning.
Assume that 2 municipalities (in the same province) have different demand curves for firefighters and can hire firefighters at the same constant marginal cost.
a) Draw diagrams illustrating the demand curves and how many firefighters would be hired by each of the two municipalities,
b) As a result of amalgamation, assume that each of the two municipalities is required to hire the same number of firefighters, and that the number hired in each municipality is the average of the number hired before amalgamation. Show the loss in welfare resulting from the requirement that the two municipalities hire the same number of firefighters.
c) Show how the magnitude of the welfare loss may be affected by the elasticity of the demand curves in the two municipalities.
identify an article that demonstrates the application of time value of money principles to a business decision.explain
Using a supply and demand diagram, demonstrate how a positive externality leads to market inefficiency. how might the government help to eliminate this inefficiency.
Time to failure distribution of a computer memory chip follows Normal Distribution with mean 9000 hours and standard deviation 2000 hours. Find the reliability of this chip for a mission of 8000 hours?
The largest source of household income in the U.S. is obtained from - The market where business sell goods and services to households and the government is called Real gross domestic product is best defined
Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach - What do strategic managers call a flow of information through interrelated stages of an..
monopsony1. briefly describe the conditions for monopsony.2. show that l quantity of labor is lower and pl is higher
according to classical economists the aggregate supply curve isa.vertical in both the long run and the short runb.
It is estimated that the annual heat-loss cost in a small power plant is $5,200. Two mutually exclusive proposals have been formulated that will reduce the loss. Proposal A will reduce heat loss by 60% and cost $3,000.
Many companies purchase other companies or individual product or brands from other companies to acquire new products. For example, Disney recently agreed to purchase Marvel Entertainment and its portfolio of more than 5,000 characters, such as S..
n a competitive market place (pure competition) is it possible to continually sell your product at a price above the average cost of production.
Derive the Marshallian demand functions and the indirect utility function - derive the expenditure function from it and then derive the Hicksian demand function.
Current concerns stem from the fear that if medicare remains an open ended program, its share of the federal budge will continue to increase over time. Prepare a brief memo examining "a freeze in physicians' fees and a requirement of mandatory ass..
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