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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?
goods and services that are not sold in markets such as food produced and consumed at home and some household articles
The human resources department worked with management to carefully craft a Code of Ethics. All employees received a copy of the code and were required to sign off stating that they had read the code and agreed to abide by its conditions. If an issue ..
Honors Econ 215- Which ideas particularly appealed to you or troubled you? Can you synthesize these ideas into a workable definition of "value" for yourself? How would you define what gives something "value" in your own words?
Compare and contrast the main features of pure competition and pure monopoly giving advantages of each market structure
why do economists prefer to speak of demands arising out of wants rather than needs?explain why economist considers the
bloomington brewery produces beer and ale. beer sells for 5 per barrel and ale sells for 2 per barrel. producing a
What product line to pursue?
Monopolies and cartels are usually associated with economic inefficiencies and dead weight losses.
1. use the numbers to answer the following questionsincomespending0120004000036000a what is autonomous spending?b what
Calculate the values of change in consumer surplus
In a market economy, who determines the price and quantity demanded of goods and services that are sold - Find the market demand curve
Discuss an example of a change in autonomous spending. Research a government policy implemented during that time and discuss the multiplier effect it had on the economy.
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