forecasting demand
what are the criteria for good forecasting
What are the trade types of cycle distinguished by Schumpeter?
Explain the pricing under price leadership.
If workers accept lower wages in exchange for employer assurances of enhanced job security, employment agreements are illustrations of: (i) credentialism. (ii) comparable worth. (iii) specific training. (iv) an implicit labor contract. (v) human capital.
Formulate the Cross Elasticity of demand?
All else identical, a competitive firm will demand more labor when: (w) technological advances lead to automation. (x) the price of the firm’s output rises. (y) more firms enter the industry. (z) competing firms offer their workers more training
State the causes for downward sloping of demand curve?
States the determinants of elasticity?
An increase in the competitively-set wage tends to cause: (w) firms to reduce the amounts of labor hired. (x) increases in the marginal revenue products of the workers a firm retains. (y) higher marginal factor costs of labor to competitive firms. (z)
Explain the cost function in briefly.
Explain about the term Recovery in phases of business cycle.
18,76,764
1944759 Asked
3,689
Active Tutors
1459813
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!