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Since the 1970s, we have seen a shift in management’s attitude and approach toward unions. For this discussion, we will examine why this shift occurred and its implications for the future. Please address the following questions:
1. What factors are important in understanding a company’s attitude/approach toward unionization of its employees?
2. Based on the factors you identified, what impact do you see for the U.S. workforce over the next 10 years?
Market for this commodity is characterized by perfect competition. Government steps in and levies a unit tax of 10 on this commodity. Illustrate what is revenue raised by government through this tax.
Boris budgets $9 weekly for his morning coffee with milk. He likes it if it is prepared with 4 parts coffee, 1 part milk. (Milk and coffee are perfect complements here). Coffee costs $1/oz, and milk $0.5/oz. Draw his budget constraint and indifferenc..
Cournot (quantity) and Stackelberg (sequential) Two identical firms, Firm 1 and Firm 2, compete in quantity in a market where inverse demand is P(Q) = 100 − Q and there exists a constant marginal cost of 20 per unit. Find the Cournot equilibrium. Fin..
Suppose that your demand curves for gadgets and widgets are both straight lines but your demand curve for a gadget (DG) is much more elastic than your demand curve for widgets (DW). Draw a graph that illustrates your demand and transactions for gadge..
The euro has been depreciating against the $ for the past several months. The proximate cause of this depreciation is actions taken by the European Central Bank (ECB). What were those actions? Why did the ECB take those actions?
If a country's growth is biased in favor of its import, this should unequivocally improve its terms of trade also its economic welfare. Use a graph to explain why
Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1? What is the approximate price that will be charged in market 2?
Two clinics want to merge. The price elasticity of demand is -0.20, and each clinic has fixed costs of $50,000. One clinic has a volume of 7,200, and marginal costs of $50, and a market share of 2 percent. what are the total costs, revenues, and prof..
Ilustrate what concern would you have about this sale and or lease back contract. Explain how would you price these two events differently.
Use the aggregate expenditure model developed in this chapter to explain the following statements: Coming amid continued turmoil in the financial and credit markets, the report sent stocks lower, with the Dow Jones Industrial Average falling 146.70 p..
Identify and explain at least three aspects of wu wei (non-doing) that would be practical in the busy lives of city dwellers, especially those living in the West. Provide a rationale for your response.
For the period 1980-2010, how did the rate of growth of per capita GDP in China compare to that in the US? How did the rate of growth of technological improvement (broadly conceived) in the two countries compare? Over the next half century, do you e..
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