Reference no: EM13685405
1. Explain the dissimilarity between the human capital and signalling theories of education.
2. Identify whether each of the following raises labor demand or lowers labor supply (includes slowing labor supply growth) in labor market X.
Increase the minimum wage for workers less skilled than labor market X
Pass laws prohibiting children from working in labor market X.
Require a license to work in labor market X.
Increase tariffs on imports that compete with labor market X employers.
Limits on immigration for those who might work in labor market X.
Buy American campaign run by workers in labor market X.
3. What are the most common way modern labor unions use to raise wages? This will result in the most number of new worker entries if labor supply is elastic or inelastic? This will result in the fewest jobs lost if labor demand is elastic or inelastic?
4. Briefly explain each of the 4 main pieces of labor legislation.
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Maximize the profit by employing the amount of input
: A firm can choose the optimal usage of input to maximize the profit by employing the amount of input where
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What was the rate of return on the investment
: A design-build engineering firm completed a pipeline project wherein the company realized a profit of $2.3 million in one year. If the amount of money the company had invested was $6 million, what was the rate of return on the investment?
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Firm discriminates among the two consumers
: Two customers Justin and Cindy of the same product have the following demand curves: Q1 = 500 – 10 P and Q2 = 500 – 20 P. The marginal cost (MC) for the firm is $10. compute the prices when the firm discriminates among the two consumers. Is this a go..
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What is the total interest of if initial amount is 100dollar
: What is the total interest of if my initial amount is 100 dollars and if my monthly deposit is 25 dollars and if my interest rate is 4 percent and the number of years is10
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Human capital and signalling theories of education
: Explain the dissimilarity between the human capital and signalling theories of education. Identify whether each of the following raises labor demand or lowers labor supply (includes slowing labor supply growth) in labor market X.
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Absence of trade-tariff is place on the importation
: The world price of wine is below the price that would prevail in the United States in the absence of trade. Assuming that American imports of wine are a small part of total world wine production, draw a graph for the U.S. market for wine under free t..
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If a poor country and a rich country trade with each other
: If a poor country and a rich country trade with each other, without any restrictions, and the rich country gains $50 million, while the poor country only gains $5 million, is the rich country exploiting the poor country. Please describe in detail.
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Private-label brand vs a national-manufacturer brand
: What are the benefits and disadvantages of a private-label brand vs. a national-manufacturer brand? Consider this from both the retailer's and customer's viewpoints.
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Will their needs vary depending on their nationality
: What are the unique requires of international customers and what services can a retailer offer to satisfy those needs? Are international consumers an attractive market to pursue? Why? Will their needs vary depending on their nationality?
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