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Employee pension funds have a total worldwide value of $13 trillion and U.S. pension funds have over $7 trillion in assets invested in stocks, bonds, and other instruments—this is labor’s capital. To promote employee ownership unionism, one suggestion has been to use union pension funds to directly make worker-friendly investments, such as in unionized construction projects. What are the major dangers you see in such a plan? What are the potential benefits?
q1. bobs lawn-mowing service is a competitive firm. at the current level of production the firm mows 10 lawns a day.
On the three issues that economics suggests are worth discussing or consideration when seeking an efficient allocation. Discuss these against the backdrop of the ensuing principles or themes that emanate from them as well as how these relate to the s..
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $1.5 million. In your market, you compete against two other deal..
In which of the three market arenas is each of the following goods traded?
Which approach to motivation would you apply to encourage female associates in your firm to "self-promote" more actively. Explain your choice of approach.
A firm operating in perfect competition receives $45 for each unit sold. The form has a variable cost of $25 per item and a fixed cost of $1600. What is the profit for the firm if it sells?
Public subsidies for new stadiums and arenas are commonly justified on the basis of economic benefits they will confer on the local economy rather than on public consumption externalities or on the value of an enhanced community image. In the article..
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
What happens in a decreasing-cost industry when some firms leave and the industry's output contracts?
Use the Baumol-Tobin model to find money demand under the following assumptions. Income is $5000 per month (which can be broken down into 2500 in real income and a price level of 2) paid at the beginning of each month in the form of interest-earning ..
Phil has two periods of work remaining prior to retirement. Assume that Phil maximizes the present value of his expected lifetime earnings and his discount rate is 10 percent. He is currently employed in a firm that pays him the value of his marginal..
Various executive compensation plans have been employed to motivate managers to make decisions that maximize shareholder wealth. These include:
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