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1) The Canadian labour market is regulated by both the Federal Government and the Provinces. Here is a list of five different occupations:
Identify which of these occupations are regulated by the Federal government and explain why.
2) Assume you are a sales manager who has to decide whether an additional salesperson should either to be hired and if so in which of the company's twelve sales districts should that person be employed. Recall that Profit = Revenue - Costs. Name and describe the most relevant economic concept you might use to make your decision? Explain how you would justify your decision to your boss using this concept.
The costs of attending a state college for one year are $2,000 for tuition, $1,500 for the room, $1,000 for meals, and $500 for books and supplies. Calculate a) the explicit costs b) the implicit costs c) the total economic costs that the student fac..
q1. what is the appropriate balance between private and public i.e. government activity? think of a case where the
Use the economic perpective to explin why someone who isnormally a ligh eater at a standard restaurant may become somewhat of a gullton at a buffet-style restaurant that chares a single price for all you can eat.
A dissenting opinion in this case argued that Jerry Schuster did carry on his father's business and should be liable for obligations of the continued business. Does that strike you as reasonable? Shouldn't a warranty be valid so long as the business ..
how the economy moves to a new equilibrium. Focus on short-run as well as long-run equilibrium.
Assume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants to expand and has to make some long-term capital budgeting decisions. The company is currently facing increases in the costs of major ingredients.
According to the AD-AS model, what would occur to the price level and real Y if: (a) The government runs a deficit. (b) Businesses increase the quantity and quality of technology. (c) The Federal Reserve decreases the money supply and there is an inc..
You are the consultant assigned to study the organizational environment in the Miami, Florida, and the Kansas City, Missouri, offices.
If an economy experiences a decrease in consumer spending, most economists believe:
U.S. Federal government agencies generally publish proposed regulations before the implement them. They are published in the Federal Register. Can you find a proposed regulation relating to health care and discuss what the purpose and policy of that ..
The market for labor is determined by the supply and demand for labor. What does it mean to move along the supply or demand curves?
For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the Bureau of Economic Analysis website to choose data for this assignment. disc..
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