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Discrimination: As a result of sexist and racist attitudes and deliberate efforts of employers to oppose groups of workers against each other, different groups of people (divided and defined by gender, language, ethnicity, ability or other factors) experience very different economic opportunities and incomes.
merits and demerits of monopsony
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Why narrowness of definition of a commodity may influence price elasticity of demand
The production function for (a Music company ) their CDs is q= 25*K*L , where q is the number of CDs produced each month, K is the hours of equipment used, and L is the hours of la
Risk Premium - The risk premium is amount of money which a risk averse person would pay to keep away from taking a risk. * Risk Premium: A Scenario - The person has a 5%
Question: You are required to perform an economic feasibility study for a project involving the setting up of an information system in a company. The table below summarises th
Natural Rate of Unemployment: According to neoclassical economics, wage rate is determined by a process of labour-market clearing (in which employers and workers compete with each
What are the income and cross elasticities of demand? Why might they be useful? Explain.
discuss the implications of various market structure for price determination
Suppose a government uses an expansionary fiscal policy to get out of a recession. Use the IS/LM model and the IS-PC-MR model to explain what monetary policy to pursue.
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