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Q1. The government of New Holland is experiencing lower energy costs due to new technology in extracting energy sources such as gas and oil. Use the supply and demand model (and a diagram) of the labor market to explain the effect on labor demand and supply and the levels of employment and unemployment, and the real wage.
Q2. Eastman Kodak filed for a bankruptcy in January 2012. Using our analytical framework of nine areas of interest introduced in class explain the main causes of the company's misfortunes
Q3. Assume that the last worker hired of type A serves 100 additional customers per week at a wage of $500 per week and the last worker hired of type B serves 200 additional customers per week at a wage of $1000 per week. Assuming that the company is currently spending its entire budget for labor, should the company alter its current allocation of labor types? If so, how? If not, why?
Depict the von Neumann-Morgenstern utility index u in a diagram
Listing different orderings and coalitions is not going to work for this problem because there are too many possibilities, excluding you can use different tools which we have discussed in class.
Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs.
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
Each firm can monitor the other's price very closely and can respond instantly
Suppose that the market for wheat is characterized by the following demand and supply relationships.
Paul owns a home on the top of a hill and enjoys an unobstructed view of a large wooded area.
When would it make sense for a factory that is losing money to remain in operation
Explain how it will affect the number of employees you schedule. All other things being equal, what will happen to prices of the Galaxy and the iPhone.
Similarities in the definitions of management quoted from authors of management textbooks
If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest ratesin United States, what happens to the demand and supply of foreign currency and the dollar's exchange value.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
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