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Not long ago an employee came into my office asking for a wage increase. I responded by asking what increase in productivity the employee brought to the University in order to merit such an increase. The silence was deafening. The things that determine prices for labor are the precise same things that determine prices for labor - supply and demand. The greater the demands for a particular skill, generally speaking the more wages are supplied. Once supply and demand issues have been determined, the next logical differentiation in wages is productivity.Provide a few real world examples of how supply and demand and productivity work in the marketplace. Discuss the options for employees to increase the demand for his or her particular skills, as well as ways to enhance our personal productivity.
Illustrate what happens to output, the price level, and the expected price level in both the short run and the long run.
Assume which incidence of HIV in the population is .005. Compute the yearly premium of the 1st policy.
Suppose that a monopoly has fixed costs of $1000 and marginal cost of $100. They face a straight market demand curve that runs from $500 on the price axis to 1000 on the quantity axis. Plot their demand, marginal revenue, marginal cost and average..
Illustrate what means does it use to hedge against exchange rate risk. Using this information, illustrate what do you think would be effect of increases/decreases in dollar's exchange value on firm's profitability.
Can you share the economic development strategies also quote some examples of Elucidate how Singapore also US use them.
If L is increased by 2% with K unchanged, what is the resulting percentage change in output? Describe the nature of returns to scale for this production function.
Elucidate proponets of free market systems argue that free enterprise leads to more efficient production and better responses to changing consumers preferences.
How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other two countries
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
In a waiting line model situation, arrivals occur around clock at a rate of six per day and service occurs at one very three hours. Assume Poisson and exponential distributions. Illustrate what is Mean Arrival Rate λ
Interview a small business owner and ask him or her about both the positive and the negative role of government in their business. Write a 2 page summary of your interview and include the questions you asked.
q1. rich has 100000 and poore has 1000. which of these statements is most strongly supported by the theory of consumer
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