Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

The Economics of Labor Markets

Select an organization with which you are familiar or an organization where you work. 

Develop a 15- to 20-slide Microsoft® PowerPoint® presentation to be presented to the CEO's executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor. 

VISUALS:  An appropriate visual should appear on each slide.

Explain the following in your presentation:

  • How your organization's production function is related to its marginal product of labor.
  • How your organization's marginal product of labor is related to the value of its marginal product.
  • How your organization's marginal product is related to its demand for labor
  • Examples of events that could shift the demand or supply of labor and why they do so.
  • Reasons a worker's wages might be above the level that balances supply and demand.
  • An analysis of the impact that government policies addressing income inequity and poverty could have on labor demand or supply. 

Cite a minimum of three peer-reviewed sources not including your textbook. 

CLASS INVOLVEMENT: When you present to the class you will need to include a class activity, or questions, that will involve your classmates in your presentation.

Format your presentation consistent with APA guidelines.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92357079
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

How can a graph or chart of data help you understand the

How can a graph or chart of data help you understand the results? What is a frequency table? Describe an example where a frequency table can be used in life.

In the late 1800s the us dollar was on a bi-metallic

In the late 1800s, the U.S. Dollar was on a bi-metallic standard. According to the official standard, one ounce of gold was worth 16 ounces of silver. However, on a free market the trading ratio of silver to gold was aro ...

Understanding the importance of international trade in

Understanding the Importance of International Trade in Various Countries Whereas imports and exports in the United States each account for about one-eighth of total annual national income, in some countries the figure is ...

Assume that a salesman learned the price elasticity of

Assume that a salesman learned the price elasticity of demand for his products is -2.0. How many percent will increase in the total sales (revenue) if he cuts the price by 10%? Show your calculation process

Q1 the market for apples is perfectly competitive say a

Q1. The market for apples is perfectly competitive. Say a typical firm has a marginal cost function of MC(q) = 2q. (1) The optimal quantity of apples to produce is 10 for the typical firm. How much revenue does the firm ...

Describe five changes in the vaiables that will cause

Describe five changes in the vaiables that will cause demand for a product to increase, shifting the demand curve to the right?

1 in the united states many agricultural products such as

1. In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsidizing these products? Instructions:  You may select more than one answer. Click the box w ...

Assume that these data are seven random observations taken

Assume that these data are seven random observations taken from a larger population whose values are normally distributed. (even if this assumption makes little sense) Using this assumption, coupled with prior computatio ...

A data set amount in dollars spent on books for a semester

a. Data set: Amount (in dollars) spent on books for a semester. Number of classes: 6 91 472 279 249 530 376 188 341 266 199 142 273 189 130 489 266 248 101 375 486 190 398 188 269 43 30 127 354 84 b. Number of classes: 5 ...

Suppose demand and supply are given byqdxnbsp 14 - 05

Suppose demand and supply are given by: Q d x  = 14 - 0.5 P x  and Q s x  = .25 P x  - 1 a) Determine the equilibrium price and quantitiy. b) Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As