2. Using your own words, explain the discouraged worker effect.

Q: Consider an economy with two labor markets: one for manufacturing workers and one for service…

A: "Since you have asked two questions, we will answer only first question foru. If you have any other…

Q: ntation of the relationship between the wage of labor workers are willing to provide in a e the firm…

A: *Answer:

Q: B. Draw the union indifference curves (iso- utility curve) for the following situations a) Wages and…

A: You have asked multiple sub-parts we will solve first three sub-parts for you if you want to get…

Q: One of the common complaints of special educationteachers is that they are not allowed to teach…

A: Job is a piece of work especially a specific task being assigned as part of the routine of…

Q: Units of Labor Wage Total Wage MWC MRP VMP ... Cost 1 1 6. 3 4 4 4 4 3 6. 2 2 1. What is the degree…

A: Profit maximizing firm hire the employee at the point where the marginal cost is equal to marginal…

Q: Base on this video titled "The Great Resignation: Why Millions Of Workers Are Quitting",…

A: In the video, the prime reason of the great resignation has been of the Lack of flexibility  20%,…

Q: 1. Is it possible for the market labor supply curve to have a negative slope over some wage…

A: 1) Yes, it is possible for the labour supply curve to have a negative slope after a certain level of…

Q: (a) Are piece-rate employees paid based on the length of time that they work or the amount of output…

A: The piece-rate system is a payment mechanism based on the number of units of a good produced by a…

Q: Why or how can you explain Card and Krueger's findings?  i.e. that an increase in the minimum wage…

A: Minimum wage(w*) is the least or the minimum amount of payment that an employer or a firm can…

Q: (Resource Demand and Supply) Answer each of the following questions about the labor market: a. Which…

A: a Economic decisions that determine the demand of labour is evaluate through wages, growing demand…

Q: 2) Does factor price equalization occur in the real world? Explain.

A: Macroeconomics is a sub-part of economics that is used to understand, the policies and fiscal…

Q: 2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If…

A: A discouraged worker or labor is a person who can work and eligible for employment but is unemployed…

Q: Explain the three main aspects of the isoprofit curve and how it is related to the market for…

A: The iso-profit curve illustrates a set of two or more variables that allow a company to make the…

Q: 31 - Where is the most productive worker in the workplace located on the marginal production curve?…

A: Marginal product curve graphically illustrates the relation between marginal product and the…

Q: QUESTION 23 An increase in unemployment benefits shifts the best response curve to the right. The…

A: In an economy, unemployment benefits refer to the transfer payments provided by government to the…

Q: Describe Dual labor market theory?

A: Labor market refers to the employment sector of the economy, where the jobs are available as per the…

Q: o engage in a behavior that makes you as the employee look better but not increase fir O distortion.

A: Answer is scope. The creation of one good reduces the cost of producing another related good, which…

Q: Esmeralda is content in her current job. She doesn’t look for a better job even though she could…

A: Psychological inertia, which refers to a lack of intervention in the current course of events,…

Q: What is Dual labor market theory?

A: Labor market depicts the supply and demand of labor in the market. The intersection of both the…

Q: A.The market demand for labour is the sum of all the individual firms’ demand curves. Identify four…

A: There are various factors that affect market demand.

Q: d-e

A: The labor theory of value is a theory which tends to argue that the economic value of a good or…

Q: If there is an increase in worker productivity, then the demand for labor will a) increase b)…

A: If the productivity of the worker increases, then one worker can do more jobs than the previous…

Q: Efficiency wage theory suggests that workers will be paid less than their reservation wage. OA. O B.…

A: The markets are the places where the buyers, and sellers interact with each other, and get involved…

Q: According to efficiency wage theory, what is NOT a reason that companies want to pay an efficiency…

A: Efficiency wage theory says that firms pay workers above competitive wage.

Q: Private sector employmnet in Palestine in 2019 onstitutes O a. roughly 50 percent of total employmer…

A: In the occupied Palestinian territory, the private sector employs the majority of the labour force.…

Q: a) Economists call farm price supports "welfare for the rich"     b) Rent controls help to fight…

A: Economics is the branch of social science which deals with problems related to production,…

Q: what factor determine movement along demand curve for labour and increase or decrease in it?

A: Labor demand refers to the number of labor hours demanded by employers in a market at a certain wage…

Q: Please tell me which multiple choice is correct     Given labour market equilibrium with…

A: Part (a) Unemployment is always voluntary. This statement is false.  Involuntary unemployment occurs…

Q: QUESTION 20 why is there NO persistent unemployment in the clasucal model O The rate of econeme…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Solve the attachment

A: Negative supply shock refers to the shocks that decrease the supply due to various factors. A…

Q: All people in the working-age population can be divided into Select one: O a. potential employees. O…

A: A working-age population is generally defined as a population between the age of 15-64. The…

Q: Explain the evoluation from Classical Economist Group to the Marginalist School.

A: The Marginalist School of Economic Thought was established by Karl Menger, William S. Jevons, Knut…

Q: Which of the following statement correctly describe discouraged workers

A: Following Statements describe Discouraged Workers They have given up on looking for a job They have…

Q: l.C<ldbelly Co. sells pencils in a perfectly competitiveproduct market and hires workers in a…

A: Perfect competition refers to the situation where there are large number of prouder and consumers…

Q: Explain Dual labor market theory?

A: Dual labor market is the theory that the labor market is separated into two categories that is…

Q: Question 3 (a) Why does the labour demand curve slope downwards?

A: The factors of production are the elements required by any firm inorder to produce goods and…

Q: Which has held a larger impact in the united states within this past century, added worker or…

A: Added worker effect and discourage worker effect on the field of employment has changed over the…

Q: (b) Show how the equilibrium efficiency wage in the labour discipline model changes when (i) the…

A: The demand curve for labour, under the ceteris paribus assumption, shows the amount of labor…

Q: Offering higher than equilibrium wages can be expected to  a)increase the cost of losing a job. b)…

A: When firm offer higher wage than the equilibrium wage, it will increase the cost of losing a job.

Q: 21. It takes y* years to graduate from college. For workers in Group A (high-skill workers) the cost…

A: High type is getting payoff of 60,000 and low type is getting a payoff of 30,000.

Q: 1. All types of unemployment are natural except one, which is................................

A: Hello, Thank you for the question. Since there are multiple questions posted here, as per the honor…

Q: An individual over the age of 15 that does not have a job, is willing to work but has given up…

A: Unemployment has been a major concern for most countries over a period of time. The unemployment…

Q: Determine whether each of thefollowing would increase or decrease the opportunity costs formothers…

A: Choice emerges solely as a result of scarcity, because using scarce resources in one way precludes…

Q: Question 4 The three basic arguments that support employment at will include all of the following…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…