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Question 1:
a. Describe the role of trade union in the wage bargaining process.
b. Formulate a model that tests for the wage gap between union and nonunion earnings in a given economy. Briefly explain the expected outcomes.
Question 2:
a. Using diagram explain the consequences of a monopsony situation in the labour market.
b. How far the labour market in Mauritius contrasts to a monopsony situation? Note: arguments shall be separately presented for public and private sectors/industries.
Question 3:
a. Describe the long-run impact of labour migration.
b. Describe the significance of labour migration in Mauritius.
Consider another company, Lateco, which has just received its fifth round of investment. These rounds have been: Series A: CP ($5M FV) or converts to 5M shares of common. Se
Suppose a firm’s budget were large enough to employ 100 units of either labor or capital, the cost of a unit of labor being the same as a unit of capital. The production function i
what are the economic problems facing any individual in the economy
Question 1: a) Explain, with the use of examples, what is meant by the ‘Factor Endowment Theory'. b) According to you, can the ‘Factor Endowment Theory' be a reasonable e
Discuss, using examples the economic consequences of a sudden monopolization of an industry that had been previously been competitive
Importance of production.
Question 1 Part A - The following schedule shows the market for oranges. Use this data to answer the questions below. Provide full calculations for all your answers. (i)
QUESTION In several countries recently, many people have become unemployed. Analyse the different types of unemployment in an economy. Explain the likely causes and conseque
I want a presentation on Saudi Arabia''s economic forecast for 2018 to 2020 and role and future of travel industry in it.
Financial engineering deals with the design of new assets. Draw the payoff (at t=1) of the following bull butterfly spread: Purchase 1 call with exercise price a Sell 2 calls
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