Ans both.. otherwise dont ans In Parents Involved in Community Schools v. Seattle School District No.1 (2007), the Supreme Courtruled thatO public school policies that assigned students to a school on the basis of race were constitutional.O state-imposed desegregation could only be brought about by busing children across school districts.O public school policies that assigned students to a school on the basis of race were unconstitutional becausethey discriminated against African Americans.O public school policies that assigned students to a school on the basis of race were unconstitutional becausethey discriminated against whites. One initial problem with policing workplace discrimination through Title VII of the Civil Rights Act of1964 was thatO the complaining party was required to show evidence that deliberate discrimination was the cause of a failureto get a job or a training opportunity.both the federal and state government civil rights agencies were required to reach the same conclusion abouta complaint before any penalty could be assessed to a discriminatory employer.O it covered only state government agencies and did not apply to private employers.there were no federal government agencies or departments authorized to investigate complaints or enforcethe law.

The Seattle School District permitted understudies to apply to any secondary school. Since the…

Answered: In Parents Involved in Community…

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter16: Bargaining

Section: Chapter Questions

Problem 16.4IP

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Suppose that a monopoly firm finds that its MR is $50 for the first unit sold each day, $49 for the second unit sold each day, $48 for the third unit sold each day, and so on. Further suppose that the first worker hired produces 5 units per day, the second 4 units per day, the third 3 units per day, and so on. a. What is the firm’s MRP for each of the first five workers? b. Suppose that the monopolist is subjected to rate regulation and the regulator stipulates that it must charge exactly $40 per unit for all units sold. At that price, what is the firm’s MRP for each of the first five workers? c. If the daily wage paid to workers is $170 per day, how many workers will the unregulated monopoly demand? How many will the regulated monopoly demand? Looking at those figures, will the regulated or the unregulated monopoly demand more workers at that wage? d. If the daily wage paid to workers falls to $77 per day, how many workers will the unregulated monopoly demand? How many will the…
You are asked to analyze a market with a single employer (a monopsonist) and many workers willing to supply The labor supply and demand are given by the equations below: Ls = −45 + 3w Ld = 270 − 6w a. Find the deadweight loss in this market with a monopsonist
Suppose that the Ebay warehouse behaves as a monopsonist in the local labor market. Assume that its labor supply curve is w(LS) = 4LS and its labor demand curve is w(LD ) = 42.8−2LD. To maximize its profits: a. how many units of labor will Ebay hire and b. what wage will Ebay pay? Now suppose that the local labor union goes on strike and Ebay is eventually forced to increase the pay of its workers to a competitive wage. What wage would Ebay then have to pay? c. Find competitive wage The correct answers are: a. 4.28 b. 17.12 c. 28.52
Consider a labor market in which workers are paid the minimum wage. When will it matter for tax incidence whether a payroll tax is imposed on workers or on employers? A.Normally, the statutory imposition of a tax is irrelevant to the actual economic incidence because the party on whom legal liability rests will shift the burden if it can, and the less-elastic party will bear most of the burden of the tax. However, a tax imposed on employers can be shifted to workers earning the minimum wage; employers are not legally constrained from lowering wages further, so they will not bear the full burden. On the other hand, a tax imposed on workers will not be at least partially shifted to employers if the demand for labor is inelastic. Therefore, minimum-wage employers with elastic demand for labor are likely to share some of the burden of a tax imposed on employees. B.Normally, the statutory imposition of a tax is relevant to the actual economic incidence because the party on whom legal…
Suppose that a producer in a previously competitive market is granted the sole right to producein the market. Given that demand in the marketis unchanged but now all consumers must purchase from the same producer, why might the newmonopolist produce less than the quantity thatwas produced when the market was competitive?
15. Talk about the two fundamental hypothetical perspectives on the beginnings of human forceful conduct.
Consider a large tract of land that is used for grazing sheep. Now consider two differentproperty ownership regimes: common property ownership, in which all shepherds haveunrestricted access to the land, and private property ownership, in which there is a singlelandowner who hires shepherds up until the point where their wage is equal to the marginalproduct of their labor. Show graphically how common property resource ownership can lead toovergrazing (too many shepherds using the same open-access rangeland) in the absence ofinstitutional constraints that would ensure an efficient level of resource usage. Contrast this withprivate property ownership. On your graph, label the axes, the average and marginal products oflabor, the wage, scarcity rents, the efficient number of shepherds, and the number that would beexpected under common property ownership. Explain the source of the inefficiency. Wouldprivatization be equitable? Would it be possible to achieve an efficient resource…
Consider two labour markets that are identical, aside from the fact that one is a monopsony and the other is perfectly competitive. a) Which labour market would you expect to pay the higher wage? Explain. b) Which labour market would you expect to have the higher level of employment? Explain. c) Now, assume that the government implements a minimum wage in both labour markets. Specifically, the minimum wage is set equal to the perfectly competitive labour market's equilibrium wage. i) Do you expect the new minimum wage to increase/decrease/not affect the wage level in the monopsonistic labour market? Do you expect the new minimum wage to increase/decrease/not affect the employment level in the monopsonistic labour market? Explain. ii) Do you expect the new minimum wage to increase/decrease/not affect the wage level in the perfectly competitive labour market? Do you expect the new minimum wage to increase/decrease/not affect the employment level in the perfectly competitive labour…
6.8) Indicate whether each of the following statements is true, false, or uncertain. Explain why. a. A proportional tax on all commodities including leisure is equivalent to a lump sum tax. b. Efficiency is maximized when all commodities are taxed at the same rate. c. Average cost pricing for a natural monopoly allows the enterprise to break even, but the outcome is (most likely) inefficient
There were lots of similarities between Britain's system of government and that of the individual British colonies in North America. One difference, though, was that a far larger proportion of male residents experienced direct representation in theirlegislatures, rather than the "virtual representation" that most Britons experienced inEngland and Scotland. Why? 1.Because elections for office in the colonial legislatures were done by secretballot. 2.Because ownership of enough property to meet the property requirements forvoting was more common in the colonies than it was in Britain. 3.Because the colonists thought slavery, in both the political sense and actualslavery, was more wrong than did their British counterparts. 4.Because only enslaved people were prevented from having voting rights in the colonies.
As an international manager of a US business that has just developed, I would export the computer from the US because I will have full control of how the computer will be manufactured and distributed to Europe. Another pro that I would consider to export from the US is that the patent would be able to protect the design of the computer, which will reduce the result of the property being an infringement. A con from exporting from the United States that it would cost more money from the taxes, duties, and the trade barriers that are from Western Europe. Another con would be that it would take much longer to exist something from over seas. First, I will start with the cons of the process where you might not have full control over the manufacturing process, which can really impact the product of the computer. This can significantly be a bad idea. A pro of having to license a European firm to manufacture and market the computer in Europe would be how they know all of the distribution…
Table 14.11 shows levels of employment (Labor), the marginal product at each of those levels, and a monopolys marginal revenue. What is the monopolys marginal revenue product at each level of employment? If the monopoly operates in a perfectly competitive labor market where the going market wage is 20, what is the films profit maximizing level of employment?

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In Parents Involved in Community Schools v. Seattle Sehöol ruled that O public school policies that assigned students to a school on the basis of race were constitutional.