Outline the benefits of encouraging a learning culture with the work team.

Q: Wage, productivity -W, wage VMP, productivity Seniority a) Wage, productivity W= VMP b) Seniority…

A: Value of marginal product or VMP refers to the measure of the amount of revenue that is contributed…

Q: List three steps you can take to help make the leap fromconsumer to business professional.

A: The three steps are listed below: ·         The idea of business should be completely clear to…

Q: Services are tangible product; activities provided by other people, such as doctors, dentists,…

A: In economics, goods are objects that are obtained at the end of the production process. A producer…

Q: Does technological innovation create unemployment?

A: Technological innovation leads to higher production of goods and services from the same level of…

Q: Which of the following work- life balance programs require constant communication between the…

A: Meaning of Work-Life Balance Program: The term work-life balance program is a structural-based…

Q: Global legislative trends banning discrimination have required employers to institute policies that…

A: Anti-discrimination policy is an example of policy that ensure equal and fire treatment of all…

Q: see yourself as a volunteer and discuss your skills and its contribution to the volunteer group

A: The economies around the globe tend to operate with the ultimate motive of enhancing the level of…

Q: At the end of World War II, the international labor conference adopted a declaration which stated…

A: After the end of the World War II, various policies or regulation are implemented on the global…

Q: Are labor unions and technological improvements complementary?

A: Labour unions are created to protect workers' rights to prevent them from being exploited by the…

Q: Which of these communication challenges do supervisors face when dealing with a diverse workforce?…

A: When workforce is diverse, each individual has its own sets of cultural rules and regulations which…

Q: labor market

A: Price ceiling depicts the fixing of wages or prices below the equilibrium level to help or support…

Q: Is there any significant different between learning Economics and teachers experience?

A: Learning is the process where learner and teachers play very important role and both have their own…

Q: Explain the theory that education acts as a signaling device. How does this contrast  with the…

A: In an economic transaction, the action of sending the information taken by individuals with more…

Q: Human capital is

A: Human capital is one of the important resources of many countries. Increase in human capital will…

Q: How might the social value of low versus high power distance influence how youwould lead and…

A: The power is distributed to employees in the case of power distance and the performance orientation…

Q: amount of labor hired ()?

A: Answer Part- B

Q: How does division of labor improve standard of living?

A: ‘standard of living’ is the quality of life that a person is living. it depends on many factors,…

Q: What problems are associated with contingent work and the underground (informal) economy?

A: Answer - Problems associated with contingent work and the underground (informal) economy :- 1.…

Q: 20)Marx's criticism about immiserating of workers is due to the all of the following effects except:…

A: Marx asserted that capitalism would immiserate workers: he implied that work would be "taken…

Q: Looking at the chart above Describe how technology is projected to affected the demand and supply of…

A: Technology – As more and more innovation and new ways to produce the goods leads to a reduction in…

Q: explain the economic opportunity cost of a unskilled labor

A: Unskilled labor is utilized to allude to a fragment of the labor force related to a restricted range…

Q: Which of the following is one of the advantages of a diverse workforce? Select one: a. Salaries are…

A: The firms, and organizations are the entities who involved in the making of the goods, an services,…

Q: Explain and discuss the theory of the developmental state.

A: (Q) Explain and discuss the theory of the developmental state.

Q: senior positions is a primary economic activity?

A: Activities that are included in primary economic activities which are related to mans natural…

Q: Which event helped to bring a large influx of American women into the workforce for the first time?…

A: The industrial revolution refers to the shift of the economy from production based on labor to…

Q: What are some characteristics of professional behavior in the work plade

A: Attitude, appearance, and manners all contribute to professional behaviour in the job. It…

Q: Marcie wants to work as a freelance editor. She purchases a desk, computer, widescreen monitor, and…

A: Resources signifies the services or other assets that are employed to make final goods and services.…

Q: Which is considered a factor of production? Multiple Choice O service knowledge bonds competition

A: Factors of production:-  The factors of manufacturing refers to the materials that make up the…

Q: Characteristics of labour

A: A person or a group of people who perform physical work for reward for example loading/ unloading of…

Q: According to existing general labor

A: New creation value created by worker in two pair of shoes are 6

Q: Portray the changing occupationalstructure in modern economies.

A: Occupational Structure:- The aggregate distribution of jobs in community, defined by level of…

Q: Explain the impact of education on labour productivity.

A: Productivity is determined by human capital. If human capital is more, the productivity will rise.

Q: A critical element of entrepreneurship (as opposed to managerial skills) is leadership skills. risk…

A: Entrepreneurship: It is one of the factors of production. It is also an important factor in…

Q: What impact does technological change have on employment?

A: Technology refers to the process that a firm used to turn inputs into outputs of goods and services.…

Q: a brief analysis of labour condition in India?

A: In India, labour refers to employment in the country's economy. India had over 501 million workers…

Q: Many individuals identify more with members of the population with which they share a common…

A: The correct option is D ‘Subcultural.

Q: Is there a sufficient quantity of adequately skilled people in the local labor force to meet your…

A: The skilled people and labour in an economy are considered as an asset to the functioning and…

Q: QUESTION 26 Which of the following has the highest level of integration? OA Aneconomic union B.…

A: An arrangement being made among nations that involve the elimination or reduction of trade barriers…

Q: G Product K Households M Factor

A: The product market is the place where final goods or services are sold to firms and the public…

Q: Since oral societies can be characterized as homeostatic, cite three contemporary words and their…

A: There are many words that originate daily in the society and are not recorded in dictionaries.

Q: What happens when you look at earnings per dollar spent to get an education?

A: The benefit received from the education is more than the cost. This is because education is…