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How should labor relations in the United States progress in the future? What should the future of labor unions look like?
The current structure of healthcare coverage in the United States has a combination of employer-based coverage and public program (e.g., Medicare, Medicaid) coverage, with a large uninsured population. What do you think about allowing some people to ..
Warner Brothers is considering making the next 3 Superman movies at the same time, for a total of $400,000,000. The movies will each generate the same revenue, but be released in years 1, 2, and 3. What is the revenue required for each film so that t..
“Once we recognize that product differentiation is the basis for much international trade, there are likely to be more winners and fewer losers in a country when the country shifts from no trade to free trade.” There may be several reasons why this s..
What are the modern day an latest computer peripherals that make the tasks easier?
Suppose the economy's production function is Y = A(300N – N^2). The marginal product of labor is MPN = A(300 - 2N). Suppose that A = 10. The supply of labor is NS = 0.05w + 0.005G. If G is 26,000, what are the real wage, employment, and output?
explain why an increase in the wage rate for autoworkers will generate more of a negative employment response in the long run than in the short run
Hunt Taxidermy, Inc., is concerned about the taxes paid by the company in 2015. In addition to $43.1 million of taxable income, the firm received $3,035,000 of interest on state-issued bonds and $1,100,000 of dividends on common stock it owns in Oakd..
Indicate the type of sales promotion that a producer might use in each of the following situations and briefly explain your reasons: (1) A firm has developed an improved razor blade, but customers are not motivated to buy it.
You are a member of an international ethics commission assembled by the World Trade Organization. Your team has been asked to assess the global tactics of Microsoft in recent years. A primary issue is whether Microsoft took unfair advantage of its po..
a) Find the short run cost function CFK(q) when the wage is 6 and the rental rate of capital is 3 for a firm whose production function is F(K, L)=3K3/5L2/5. b) What is the elasticity of substitution for this production function?
The Targeted Jobs Tax Credit (TJTC) – enacted in 1978 and expired in 1994 – offered employers a tax credit for each less-skilled worker they employed. Assume that the tax credit was fixed at $5 per-hourworked by a less-skilled worker. According to ne..
If the government imposed a direct price regulation that did not allow a natural monopoly with constant marginal cost to charge a price higher than under perfect competition:
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