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Question: A. If a particular job had very elastic demand, what would be the outcome if workers wanted a higher wage? What if the demand was very inelastic, what would be the likely outcome?
B. What is the relationship of marginal productivity and wage rates? How does value of productivity determine wage rate. Why do engineers earn more than a person working in a fast food restaurant?
An airport needs a modern material handling system for facilitating access to and from a busy maintenance hangar. A second-hand system will cost $75,000.
Fairfield began a living wage that paid all landscapers in the city a wage above the current market wage. Vacaville, a neighboring city, did not begin a living wage. Below are employment date for the year before and the year after the living wage ..
A small economy with a floating exchange rate is in reccession with balanced trade. If policymakers wnt ti reach full employment while maintaining blanced trade, what combination of monetary and fiscal policy should they choose
Consider the following economic events. Which of them will have the effect of amplifying a negative real shock and which are intended to offset a shock?
Assume that in 2013 Molly’s autonomous consumption is $2000 and that her disposable income $45000 with an MPC of 0.7: Assume that in 2014 the government increases the tax Molly pays by $1000, what will her new consumption spending be?
An individual who is employed part time, but is looking for a full-time job, is classified as:?
A rich graduate of your university wants to set up a scholarship fund for economically disadvantaged high school seniors who have a mental aptitude to become good engineers. The scholarships will be awarded starting now and continue forever to se..
What sorts of provisions might a contract include to handle days when it rains and the bees cannot be released? What if the beekeeper has a contract with farmer
What recommendations would you make in regards to properly managing credit card usage and repayment? Your response should be at least 100 words.
develop a web-based application to improve development and delivery of products and services. there are currently
Develop a 1,400-word analysis of your decision-making process in which you include the following: Discuss the role of the interest rate and the cost of financing on your purchase decision.
a normal demand curve is downwards identify four abnormal exceptional demand
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