Graphically show the effect on both the union and non-union
labor markets if a union successfully negotiates a higher
wage.
In: Economics
Graphically show the impact on real wage or the real price of
capital of each of the following situations in the marginal product
model:
a. Improved healthcare policies boost worker
productivity
b. Factories go unused (just sit empty) during a
recession
In: Economics
a) Explain carefully why the demand curve for a public good is correctly found by taking the vertical summation of the individual consumers’ demand curves, and why the efficient quantity frequently won’t be produced when left up to the free market (with no government intervention). Use one or more appropriate diagrams to illustrate your answer.
b) Explain why redistributive policies (that involve taxing higher earners and redistributing some of these returns to lower earners) can give rise to an equity/efficiency trade-off.
In: Economics
10. Discuss a short-term plan for a perennially losing team and identify specific steps that could be taken to increase income or generate victories
In: Economics
True or False? George Soros recently pointed out in the San Francisco Chronicle that although international trade leads to overall gains for the whole population, there are some individuals who lose from international trade. An excellent illustration of this idea is represented by the Ricardian model. Explain with reasons.
In: Economics
Congratulations on your new job in the Major League Lacrosse (MLL) front office. The league currently has 8 teams in the US and Canada, located mainly on the East Coast. This budding league is busy trying to find a team west of the Mississippi to help the Denver Outlaws find a rival. They could move a current team west or they could add an additional team. (d.) Some of the teams have talked about disbanding the league and just operating as independent teams. How can you convince them that leagues are important? Give 3 examples of things that individual owners CANNOT do by themselves, but leagues can accomplish? Name 3 things owners COULD do, but they do better as a league?
In: Economics
Congratulations on your new job in the Major League Lacrosse (MLL) front office. The league currently has 8 teams in the US and Canada, located mainly on the East Coast. This budding league is busy trying to find a team west of the Mississippi to help the Denver Outlaws find a rival. They could move a current team west or they could add an additional team. a) Some owners have recommended eliminating the playoffs and just crowning the regular season leader as the league champion. Why might this be a bad idea? Why would some owners think this is a good idea?
In: Economics
In: Economics
The following is the winning percentage for NFC West and NFC East. The benchmark standard deviation for NFL is 0.125.
NFC West |
Winning Percentage |
NFC East |
Winning Percentage |
Seattle Seahawks |
.813 |
Dallas Cowboys |
.656 |
AZ Cardinals |
.688 |
New York Giants |
.469 |
LA Rams |
.531 |
Washington Redskins |
.250 |
SF 49ers |
.438 |
Philadelphia Eagles |
.125 |
Using the data above, fill out the following table. Show your work.
NFC West |
NFC East |
|
Actual standard deviation σ = |
||
Non-Scully measure |
||
Which conference is more balanced? Why? |
Make sure to clearly mark each of your answers or you can try to make a table using the Blackboard Text Editor:
(Example)
Actual standard deviation σ = /NFC West:
Actual standard deviation σ = /NFC East:
In: Economics
UD creamery is selling 500 cones a day for an average of $5 a cone. The elasticity of the demand is -10. How can the creamery make more money? Suggest a new price and calculate the quantity sold for that price, and show that revenues go up. What will happen if elasticity is -1?
In: Economics
Give one example of a perfectly competitive team and one example of a monopoly team. Explain.
In: Economics
1. suppy curve PQ=4
(1) P=4, Q=?, TR=?, the price elascity=?
(2) P=3 Q=?, TR=?, the prics elascity=?
2. suppy curve P=4/root(Q)
(1) P=4, Q=?, TR=? The price elascity=?
(2) P=3 Q=?, TR=? The price elascity=?
I want detailed explanation, thank you very much??
In: Economics
a. “Industrialised countries such as the United States of America, Germany, France and the United Kingdom dominate world trade.” Can you relate this statement with one of the recent theories/models of international trade which predicts that more trade will take place between similar countries? What assumptions of the factor proportions model does this theory violate? Explain your answers.
In: Economics
In the The honor killing
of Shafia Family, plz analysis the costs: monetary, psychic, time,
expected punishment(use ur own word ,type for me,thank u)
In: Economics
Im struggling to understand this essay prompt for a 5 page paper.
Much of the third section of the course has focused on uneven development as “the spatially and temporally uneven processes and outcomes (socioeconomic and physical) that are characteristic of, and functional to, capitalism.” Drawing on the course materials, please explain how scholars have
In: Economics