Illustrate what conditions on the worker utility function

Assignment Help Business Management
Reference no: EM1398963

Q. a) Suppose workers face a fixed wage, w. The utility of a worker is u((1-t)explain why,l) where t is a tax rate, h is the number of hours worked and l= 1-h is the amount of leisure. Illustrate what conditions on the worker's utility function need to be imposed such that a reduction in the tax rate will simply an increase in the tax collected by the govt from this worker?

Reference no: EM1398963

Questions Cloud

Illustrate what are the legal issues in this case : Illustrate what are the legal issues in this case? Is Rod responsible for paying the additional Labour costs in this matter? Please provide legal arguments to support your answer."
List and discuss one fundamental concept and principle : List and discuss one fundamental concept and principle of the American legal system, particularly those pertaining to today's business environment.
Explain why employer-s activities were restricted due to age : Recognize and explain the case in which the employer's activities were restricted due to age associated rights of employees.
Probability in relation to his classmates : If Larry gets a 70 on a physics test where the mean is 65 and the standard deviation is 5.8, where does he stand in relation to his classmates?
Illustrate what conditions on the worker utility function : Illustrate what conditions on the worker's utility function need to be imposed such that a reduction in the tax rate will simply an increase in the tax collected by the govt from this worker?
Illustrate what is the nominal annual breakeven rate : Explain how low would the yield to maturity on the new bonds have to be in order for it to be profitable to call the bonds today, i.e., illustrate what is the nominal annual "breakeven rate"?
What is selection-s thesis : What is selection's thesis? Locate sentence(s) in which Staples states his main idea. If he doesn't state the thesis explicitly, express it in your own words.
Find the phenotype of each cootie : Two cooties with the following genotypes are mated: Cootie 1 (RrWwPpLlBb) and Cootie 2 (RRwwPPLlBB). Answer the following:
Evidence that the first year female high school teachers : Using a level of significance of .01, is there evidence that the first year female high school teachers are receiving lower salaries? Fully explain your answer.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd