*Raise TWO arguments WITH child labor, and TWO arguments AGAINST it. (4marks) *Give ONE example of a company that faced claims of child labor and briefly discuss what happened. (1 mark)

Raise TWO arguments WITH child labor, and TWO arguments AGAINST it. (4marks) Give ONE example of a company that faced claims of child labor and briefly discuss what happened. (1 mark)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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sation NQF Level 4 monstrate knowledge and application of ethical conduct in a business environment Activity 17.5 In your groups work through the following case studies: Case Study 1: Employee Absence By Stephen Adams Graphics and Commercial Art Joan, an employee of Great American Market, was warned about her excessive absenteeism several times, both verbally and in writing. The written warning included notice that "further violations will result in disciplinary actions," including suspension or discharge. A short time after the written warning was issued, Joan called work to say she was not going to be in because her babysitter had called in sick and she had to stay home and care for her young child. Joan's supervisor, Sylvia, told her that she had already exceeded the allowed number of absences and warned that if she did not report to work, she could be suspended. When Joan did not report for her shift, Sylvia suspended her for fifteen days. In a subsequent hearing, Joan argued that…
BN5 (3) (a) Case: Recycling services for private businesses can be purchased from many firms in a competitive market. The Supply and Demand are: Ps = 1000 + 20Qs Pd=4000-5 Qal A Government is interested in promoting recycling by subsidizing the Cost of Services. Question: What is the Equilibrium Price and Quantity of Recycling Services?
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2. (a) What does the index of intra-industry trade measure and does it tell us anything about the total amount of trade? (b) There are two ways of measuring the degree of intra-industry trade within an industry: min (imports, exports) Index of intraindustry trade = 1 2 (imports + exports) -(lexpe (lexports - imports| exports + imports Grubel Lloyd index = 1 - Using the first formula, calculate the index of intra-industry trade for the U.S in 2014 for the products on Table 1. Using your answer in (b) above, what does the index of intra- industry trade of men's shorts, large passenger aircraft, telephones and golf carts tell us? (d) What are the two necessary conditions to obtain a high index of intra-industry trade?
The Law Firm of Smith and Jones of Barrie, Ontario has 3 new civil cases and 5 lawyers available for assignments. Based upon the type of case and the qualifications of each lawyer, the managing partners have determined the profits (in $1000’s) that the law firm would make if each particular lawyer was assigned to each particular case. Their analysis produced the following profits: Profits (1000’s) Case Lawyer A B C Lui 36 53 101 Pathak 39 54 105 Owens 43 50 103 Rosen 42 54 104 Millier 45 57 101 To keep lawyers available for future cases, Smith and Jones’ policy is to assign at most 1 lawyer to each specific case. To better serve its clients, Smith and Jones’ policy is to assign each specific lawyer to at most one case at a time. Using xij’s as your decision variables, formulate a linear programming model so that Smith and Jones’s can determine which…
The following graph gives the labor market for laboratory aides in the imaginary country of Episteme. The equilibrium hourly wage is $10, and the equilibrium number of laboratory aides is 150. Suppose the federal government of Episteme has decided to institute an hourly payroll tax of $4 on laboratory aides and wants to determine whether the tax should be levied on the workers, the employers, or both (in such a way that half the tax is collected from each party). Use the graph input tool to evaluate these three proposals. Entering a number into the Tax Levied on Employers field (initially set at zero dollars per hour) shifts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Wage field until the quantity of labor supplied equals the quantity of labor demanded.…
You are analysing the annual revenue from the top 5 coffee maker models manufactured in your company, and want to know the comparative revenue made from each model. Rank these 5 coffee makers based on the revenue made this year, from highest to lowest.
()5 please answer the questions in a ABCD form THANK YOU FOR YOUR HELP!! (Please igonore numbers on screen) Answers are sometimes shown in second image, Please select as many answers , if they're correct of course, once again thank you.
For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers). Levied on Employers (Dollars per hour) 4 Tax Proposal 0 2 Levied on Workers (Dollars per hour) 0 4 2 Quantity Hired (Number of workers) After-Tax Wage Paid by Employers (Dollars per hour) O The proposal in which the entire tax is collected from workers O The proposal in which the tax is collected from each side evenly O The proposal in which the tax is collected from employers O None of the proposals is better than the others After-Tax Wage Received by Workers (Dollars per hour) Suppose the government doesn't want to discourage employers from hiring research assistants and, therefore, wants to minimize the share…
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Question 2 (Business and Technology Strategy) 2.1 As a manager of the company, one of your subordinates approaches you with a strategy for the new project your company is engaged in. Develop a set of issues you would ensure that his or her strategy addresses. (8) 2.2 4.1 Show your understanding of a business management process by designing your own generic model for the strategic management process. (6) Subtotal marks = 14