Questions
How can I answer this question in Capsim simulation ? "If you could go back and...

How can I answer this question in Capsim simulation ? "If you could go back and change your company decisions for one of the 6 rounds which round would it be and why. "

In: Economics

Explain and differentiate the 16 grounds where discrimination is prohibited under human right’s code? and also...

Explain and differentiate the 16 grounds where discrimination is prohibited under human right’s code? and also the implications in canada if the employer breaks the code. ( total words 350 to 500 words). please mention your references !

Human resource management subject.

In: Economics

5. International Trade and Welfare Economics Draw a graph for each of the following situations. In...

5. International Trade and Welfare Economics

Draw a graph for each of the following situations. In each graph show the following: domestic price (PD), world price (PW), domestic quantity supplied (QSD), domestic quantity demanded (QDD), # of imports or exports (in terms of the QDD and QSD), consumer surplus, producer surplus, total surplus, and deadweight loss.

a. Market allowing free international trade where the domestic producers have comparative advantage in the good.

b. Market allowing free international trade where the domestic producer do not have comparative advantage in the good.

In: Economics

What programs did the president create to bring about an end to the Great Depression? What...

What programs did the president create to bring about an end to the Great Depression? What were the success and failures? Did everyone benefit from what was known as The New Deal? Why?

In: Economics

In 2001 the US Federal Funds Rate was only around 1-2%. If the negative shock had...

In 2001 the US Federal Funds Rate was only around 1-2%. If the negative shock had been larger, the economy might have hit the Zero Lower Bound. If this had happened, what alternative policy would you recommend and why?

In: Economics

Problem 3 Table 1 below shows an incomplete table of costs for a company. Use the...

Problem 3

Table 1 below shows an incomplete table of costs for a company.

  1. Use the definitions of these costs and how they are related to complete the missing cells of this table. For each cell you fill in, explain how you are able to determine the value of that cost.

Table 1 – Costs

Output (Q)

Fixed Cost (FC)

Variable Cost (VC)

Total Cost (TC)

Average Fixed Cost (AFC)

Average Variable Cost (AVC)

Average Total Cost (ATC)

Marginal Cost (MC)

0

600

N/A

N/A

N/A

N/A

10

300

20

20

30

900

40

75

50

310

60

10,800

  1. One a separate piece of paper (either by hand or with Excel) graph the Average Total Cost (ATC) and Marginal Cost (MC) curves for all quantities of output.

In: Economics

The demand for TVs in a certain country is given by D = 25000 – 70P;...

  1. The demand for TVs in a certain country is given by D = 25000 – 70P; where P is the price of a TV. Supply by domestic TV producers is S = 15000 + 50P.
  1. Assuming that the economy is closed, find the equilibrium price and production quantity of TVs.
  2. The economy opens to trade. The world price of a TV is $80. Find the domestic quantities demanded and supplied and the quantity of imports or exports. Who will support the opening of the TV market to trade and who will oppose it?
  3. The government imposes a tariff of $20 per TV. Find the effects on domestic quantities demanded and supplied and on the quantity of imports or exports. Also find the tariff revenue collected by government. Who will support the imposition of tariff and who will oppose it?  
  4. Suppose the government imposes an import quota of 1200 TVs. Find the equilibrium price in the domestic TV market, as well as the quantities produced by domestic firms and purchased by domestic consumers.

In: Economics

Discuss the role of business strategies while getting the right people in contemporary organisations

Discuss the role of business strategies while getting the right people in contemporary organisations

In: Economics

Consider the role of signaling and investment in training/education in job markets. Research has shown that...

Consider the role of signaling and investment in training/education in job markets. Research has shown that employers often “over-ask” on required qualifications for a position, and further find that men are more likely to apply to a job even when they do not meet minimum qualifications than women. Discuss how persistent labor market discrimination may be the result of both “signaling” and “bluffing”.

In: Economics

What is community justice? Are there characteristics of a practice that must be present for a...

What is community justice? Are there characteristics of a practice that must be present for a strategy to be deemed community justice?

In: Economics

1. Who are winners of a move to free trades? A) Consumers of exported goods B)...

1. Who are winners of a move to free trades? A) Consumers of exported goods B) Producers of exported goods C) Producers of imported goods D) None of the above answers

2. The short-run shutdown condition occurs for a firm in the short-run when A) Price per unit good is equal to average variable cost per unit good B) Price per unit good is greater than average variable cost per unit good C) Price per unit good is less than average variable cost per unit good D) Price is greater than total cost.

3. Which of the following problems describes the ‘Decision Pitfalls' of a rational individual in economy? A) Ignoring implicit costs B) Failing to think at the margin C) Measuring costs or benefits proportionally D) All the above answers

4. Which of the following explanations is true? A) Higher inflation reduces the real value of money held by the public, reducing wealth and spending B) Inflation redistributes resources from less affluent people, who spend a high percentage of their disposable income, to more affluent people, who spend a smaller percentage of disposable income C) Higher inflation creates uncertainty in planning for households and firms, reducing their spending. D) All the above answers

In: Economics

1. Compare two terms used in giving rewards to the workforce in retail industry "salary" and...

1. Compare two terms used in giving rewards to the workforce in retail industry "salary" and "commission". which one is commonly used. justify your answer with examples

2. if you were a retail manager, what criteria might you take to evaluate your staff/workers performance. justify your answer with examples from different types of retail business

3. are the steps involved in setting up a retail organization the same for small and large retailers. explain your answer.



In: Economics

1. You are a manager of a telephone service provider in Sydney. You have two plans...

1. You are a manager of a telephone service provider in Sydney. You have two plans for your customers as follows:

Plan 1: Bill = 15 + 0.05 T; and Plan 2: Bill = 25 + 0.03T. Where, ‘Bill’ is your monthly bill in dollars and ‘T’ is your monthly total duration of calls in minutes. (a) Find the break-even level of total duration of monthly telephone calls in minutes.

(b) If your customer’s average monthly duration of call is 400 minutes, advise which plan would be suitable for your customer?

(c) If your customer’s average monthly duration of call is 600 minutes, advise which plan would be suitable for this customer?

(d) If there is a $5 reduction in the monthly fixed fee in Plan 2, then what would be your advice to the customer whose average monthly call is 400 minutes?

In: Economics

The bold part is what I don't understand. A country with a negative current account is...

The bold part is what I don't understand.

A country with a negative current account is because NX < 0

  • loanable fund mrkt; open econ.
  • If country M>X, NX=<0 so
  • S-l=<0 which means there is more investment into the country than domestic savings because NX is matched with a counter-flow that is NFI (Net Foreign Investment). There is going to be NFI in a country that imports more than it exports
  • Ex: US. They import more than they export. Meaning there is a large inflow of NFI into the US.

the other words that are not bolded are just there for some context. it's just I don't understand how if a country imports more than exports, foreign investors prefer to invest into that country (+NFI).

Thanks

In: Economics

Draw a graph to illustrate the wage and employment level adjusting to the demand shock.

Draw a graph to illustrate the wage and employment level adjusting to the demand shock.

In: Economics