What is the relationship between class, different types of capital, and mobility??

Q: What economic factors determine whether a person participates in the labor force?

A: Labour force refers to the total adult population which is employed or unemployed.  When a person…

Q: The members of the parliament want to know why labour force participation ratesfor womenin the 25-34…

A: The objective of the question is to understand the economic reasons behind the lower labour force…

Q: e. How would you explain your description in part (b) in terms of a supply and demand model of the…

A: e) The employment to population ratio has decreased in the recession of 2008. Unemployment has risen…

Q: Suppose all the people below have a job. Which one of them would not be considered part of the…

A: The Bureau of Labor Statistics (BLS) usually uses the phrase "civilian labor force" to describe the…

Q: In order to maximize profits, a firm needs to determine the quantity of each factor that it will…

A: The formula:Marginal product =Change in total productMPL(2)=32-24=8MRPL=MPL* priceMRPL(2)=8*3=24

Q: QUESTION 13 Suppose that the amount of capital increases. What will happen to the wage? a. Increase…

A: The increase in the amount of capital would lead to increase in the marginal productivity of labour.…

Q: Question 1: Labor Demand The table below represents information on hourly output and revenue for a…

A: Detailed Calculations:For L = 2:Q = 12TR = P * Q = 10 * 12 = 120MP = (12 - 0) / (2 - 1) = 12MRP = MR…

Q: Which one of the following helps to explain the observed relationship betw and mobility? O older…

A: It refers to the store of knowledge, skills, abilities,  by individuals that contribute to their…

Q: Sonya used to earn $50,000 a year, selling real estate, but she now sells art supplies The return to…

A: Sonya used to earn $50000 every year on real estate. The return to entrepreneurship in the art…

Q: Define total factor productivity (TFP). Show how to use the production function to estimate the TFP…

A: Production function, in the study of economics, helps in establishing a relation between maximum…

Q: What is meant by factor Income to abroad? State it's components

A: The non residents provides factor services of which they are paid for. This represents the outflow…

Q: Suppose the population of Neptune 15 years of age and above is 24,100. Its labor force is 13,900 and…

A: The objective of the question is to calculate the labor force participation rate for Neptune. The…

Q: Marginal Produt and Resources How would you determine the demand for a factor of production? What…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Question 8 of 10 Attempt 1 of 2 Use the information in the table below to answer questions 7 through…

A: Labor cost = wage* labor Marginal cost = change in total cost / change in labor

Q: Show the effect of each of the following events onthe market for labor in the computer…

A: a) If a congress buys personal computers for all U.S college students, this leads to a rise in the…

Q: c. Show the effect of each of the following events on the market for labour in the computer tablet…

A: A labour market is where workers and employees interact with one another. Employers fight to hire…