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Question: 1. What happens to the long-run demand curve for labor if the demand for the firm's output increases? What happens to the long-run demand curve for labor if the price of capital increases? Decompose the changes into scale and substitution effects.
2. Union A wants to represent workers in a firm that hires 20,000 workers when the wage rate is $4 and hires 10,000 workers when the wage rate is $5. Union B wants to represent workers in a firm that hires 30,000 workers when the wage rate is $6 and hires 33,000 workers when the wage rate is $5. Which union would be more successful in an organizing drive?
create a flowchart by describing how money flows from the us federal reserve to the individual consumer and back to the
Oil prices have risen temporarily, due to political uncertainty in the Middle East. An advisor to the Fed suggests, "Higher oil prices reduce aggregate demand.
A firm uses 6,000 tonnes of commodity X every year. The fixed transaction costs involved with each order are £80. Each tonne of X held in stock costs £6.
Explain and illustrate how the terms of trade determine the extent to which each country specializes.
Why wouldn't the large corporations just pay more and outbid small businesses for the labor without a minimum wage?
suppose that the total liabilities of a depository institution are transactions deposits equal to 2 billion. it has
Normal 0 false false false EN-US X-NONE X-NONE Two of the economic benefit..
What is the equilibrium level of income in Vulcan? What would the level of expenditures be if the economy were operating at $2000? Make a forecast for the future of the Vulcan economy.
Begin the process of constructing your project. As you construct your essay, utilize critical thinking tools to evaluate your data and your credible research.
a project proposal for a new product will require a buildup of 50000 of inventory in year 0 before sales are started.
1. if there is a constitutional requirement to maintain a balanced budget then during a recession when tax revenues are
State A, an Eastern European country, is in the process of transforming its command economy to a market economy. It is also a WTO member state that has granted.
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