MICROECONOMICS
MICROECONOMICS
11th Edition
ISBN: 9781266686764
Author: Colander
Publisher: MCG
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Chapter 2.1, Problem 4Q
To determine

Check whether the decision to hire women for trucking business in Saudi Arabia is correct.

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suppose you are hiring a worker for your firm. you advertise a position for $50,000, but an applicant offers to work for 40,000. Should you jump to this offer?
Saniya runs a hotel in Almaty.  A union announces that it will strike unless she raises the workers’ pay.  The strike would cost her $1000 in lost revenues; the pay raise would cost only $800.  Should she agree to raise pay?  Explain.
Do you see any conflict between your desire to be as profitable as possible and your desire to pay employees a living wage?
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