answer question 3. d and eexplain how ..thanks Q3. The following workers more likely to experience short-term or long-termunemployment? Explain.a. A construction worker laid off because of bad weatherb. A manufacturing worker who loses her job at a plant in an isolated areac. A stagecoach-industry workers laid off because of competition from railroadsd. A short-order cook who loses his job when a new restaurant open acrossthe streetAn expert welder with little formal education who loses her job when thecompany installs automatic welding machinery

Unemployment that lasts for more than 27 weeks even when the individual has sought for job in the…

Q3. The following workers more likely to experience short-term or long-term unemployment? Explain. a. A construction worker laid off because of bad weather b. A manufacturing worker who loses her job at a plant in an isolated area A stagecoach-industry workers laid off because of competition from railroads d. A short-order cook who loses his job when a new restaurant open across the street e. An expert welder with little formal education who loses her job when the company installs automatic welding machinery

Q3. The following workers more likely to experience short-term or long-term unemployment? Explain. a. A construction worker laid off because of bad weather b. A manufacturing worker who loses her job at a plant in an isolated area A stagecoach-industry workers laid off because of competition from railroads d. A short-order cook who loses his job when a new restaurant open across the street e. An expert welder with little formal education who loses her job when the company installs automatic welding machinery

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 4P

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Are the following workers more likely toexperience short-term unemployment or long-termunemployment? Explain.a. a construction worker who is laid off because ofbad weatherb. a manufacturing worker who loses his job at aplant in an isolated areac. a stagecoach-industry worker who is laid offbecause of competition from railroadsd. a short-order cook who loses his job when a newrestaurant opens across the streete. an expert welder with little formal education wholoses his job when the company installs automaticwelding machinery
Is it rational for a firm to hire the 3rd worker? Why and Why not? Is it rational for a firm to hire the 4th worker ? Why and why not? Graph the TP, MP and AP Schedule.
2. What distinguishes an MNE from a non-MNE?
One of the common complaints of special educationteachers is that they are not allowed to teach because of all thepaperwork they are required to fill out and keep current. They onceonly had to teach, but now they have so many other duties that theydon’t feel they are doing anything well. In this case, ____ did notproduce satisfied workers. job specialization job rotation job enrichment job enlargement a narrow span ofmanagement
OccupationSalaryAttorney$77,000Software Engineer$63,000Administrative assistant$33,000Elemetary school teacher$40,000Registered Nurse$53,000Construction project manager$72,000 Which of these is likely true, based on the charted data? Construction project managers are in higher demand than teachers. Registered nurses are more plentiful than administrative assistants. Society values administrative assistants more than software engineers. There are more attorneys than there are registered nurses.
Q51 A farmer named Chris Freeland who has fixed amounts of land and capital finds that total product is 24 for the first worker hired, 32 when two workers are hired, 37 when three are hired, and 40 when four are hired. The farmer's product sells for $5 per unit, and the wage rate is $13 per worker. How many workers should Chris Freeland the farmer hire? Multiple Choice 3 2 4 1 7.
kindly give the relevant term or concept 1. the addition to total output when one more worker is hired, ceteris paribus
THE answer is 1a $130, 1b Firm 1 buys 3 Firm 2 buys 7, 1c $120 I need to know why and show the process.
Who are gig workers? What labour practices can be adopted for gig workers working in gig economy? Explain with the help of suitable examples.
Follow-up questions. d. Let D be the difference in marginal product between an experienced worker and a new worker (MPe − MPn). Suppose that robust, experienced workers would prefer not to pool with sickly workers at their firm, and so they seek out a new job with an employer who does not offer health insurance. What will be the wage of the robust worker at the new job during the first year there? Keep in mind, these workers will no longer be experienced because they will be adapting to a new firm. Under what conditions will it make financial sense for the robust worker to change jobs? Your answer should be an inequality that includes D, θ, Vr, and Vs. e. D is a measure of job-specific human capital; as workers learn the job, they become more productive so D > 0. However, not every job or industry has the same value for D. In some lines of work D is low, while in others D is high, simply because of the nature of the work. Given the results, you have seen in this problem, in which…
(3) __________________________ __________________________ occurs as the result of a set of workers skills becoming obsolete.
A6 What is the response in a firm’s labour demand to a fall in the price of capital? How might such a change in the price of capital impact low and high skilled workers? Illustrate your answer with diagrams and / or a model, 500 WORD COUNT, NO PLAGIARISM.