Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose there are two occupations: rap musicians and country musicians.
a. Draw hypothetical supply and demand graphs for African-Americans and European-Americans to both occupations. Show the effect of discrimination that prevents European-Americans from becoming rap musicians. (Note, doing this exercise with a spreadsheet is quite difficult. I recommend you use a program like MS Paint, or that you scan hand-drawn graphs and paste them into your homework.)
b. Who benefits and who loses from this discrimination? Show the effect of discrimination on wages and employment in both occupations and on total output in each.
c. What is the effect of discrimination on consumers of rap and of country music? Who gains? Who loses?
d. What would be the effect on wages, employment, and output of open immigration from poorer non-African countries if there are no restrictions on employment in either sector? How might country musicians protect their wages and employment if there is open immigration?
publishing house uses 400 printers and 200 printing presses to produce books. a printers wage rate is 20 and the price
Is First Amendment free speech protection only afforded to the spoken word? Explain. 2. The 2007 PwC Report suggested three things companies could do to minimize accounting fraud. Discuss these suggestions. 3. Describe the three types of negligence c..
1. the demand for steel ingots is given by the following p150-0.5q. the private marginal cost of steel producers is
When choosing between bundles of beer and pizza, I always look first at the amount of pizza and choose the bundle with the largest amount of pizza. If any two bundles have the same amount of pizza
what is the difference between a movement along and shift of the demand curve? show the impact on the equilibrium price
Country B Apples=36 Bananas=15 1. Calculate the pretrade relative price of Apples in terms of Bananas. Relative price of Bananas 2. Which country has a compartive advantage in Apples ANd in Bananas
Imagine you have a price weighted index made up of 2-stocks, Stock A and Stock B. The price of A equals $30 and the price of B equals $70.
how do changes in the business environment cause changes in supply and demand? cite and explain at least two examples
Supply and demand are foundational concepts in understanding economic theory. Whether you are a coffee drinker or not, you have been tasked to examine the impact of supply and demand when dealing with the coffee retail industry. A few companies..
The small island of Tap, inhabited by the Tapese people, produces a single variety of corn. At the present time, each farmer produces his or her own corn, harvests it and carries it to the market for sale. On any market day in Tap, you will find m..
Explain the relationship between Cola Magic and Lemon Heaven Soda and explain what affect a 10% increase in the income of the targetmarket would be on the demand for the Cola Magic?
Define any key terms that you feel are important in answering the following question as they are defined in the textbook and explain, in your own words what those definitions mean , and then thoroughly analyze each situation to answer the following q..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd