week 5 eco204 discussions – Essay Writers
week 5 eco204 discussions – Essay Writers
Prior to beginning work on this discussion, read Jared Bernsteinâ€s article, Amazonâ€s Raise: Unequivocally Good News.
Link to article: https://www.journalgazette.net/opinion/columns/20181007/amazons-raise-unequivocally-good-news
Based on the articleâ€s information and Chapter 12 in your textbook, respond to the following:
Why is the demand for labor called a derived demand?
In the labor market, what are the firmâ€s demand curve for labor and the workers†supply curve of labor?
How is a firmâ€s wage normally determined in the labor market?
How could Amazon decide to raise its minimum wage to $15 per hour, despite the federal minimum wage being fixed at $7.25 per hour?
What are positive and negative effects of Amazon raising its minimum wage to $15 per hour on its employees, total revenue, and other companies and their employees?
Your initial post should be a minimum of 300 words.
Discussion 2:
Prior to beginning work on this discussion, read Tim Worstallâ€s article, One Benefit of Nancy MacLeanâ€s Democracy in Chains – Public Choice and Rent Seeking Popularised.
Link to article: https://www.forbes.com/sites/timworstall/2017/08/06/one-benefit-of-nancy-macleans-democracy-in-chains-public-choice-and-rent-seeking-popularised/#74841d776aca
Based on the articleâ€s information and Chapter 14 in your textbook, especially Sections 14.1 and 14.2, respond to the following:
What is the public choice idea or theory?
Explain what rent seeking is.
How can you combine the ideas of public choice and rent seeking?
Choose one real-world example of combining public choice and rent seeking to evaluate.
Your initial post should be a minimum of 300 words.
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week 5 eco204 discussions – Essay Writers
Prior to beginning work on this discussion, read Jared Bernsteinâ€s article, Amazonâ€s Raise: Unequivocally Good News.
Link to article: https://www.journalgazette.net/opinion/columns/20181007/amazons-raise-unequivocally-good-news
Based on the articleâ€s information and Chapter 12 in your textbook, respond to the following:
Why is the demand for labor called a derived demand?
In the labor market, what are the firmâ€s demand curve for labor and the workers†supply curve of labor?
How is a firmâ€s wage normally determined in the labor market?
How could Amazon decide to raise its minimum wage to $15 per hour, despite the federal minimum wage being fixed at $7.25 per hour?
What are positive and negative effects of Amazon raising its minimum wage to $15 per hour on its employees, total revenue, and other companies and their employees?
Your initial post should be a minimum of 300 words.
Discussion 2:
Prior to beginning work on this discussion, read Tim Worstallâ€s article, One Benefit of Nancy MacLeanâ€s Democracy in Chains – Public Choice and Rent Seeking Popularised.
Link to article: https://www.forbes.com/sites/timworstall/2017/08/06/one-benefit-of-nancy-macleans-democracy-in-chains-public-choice-and-rent-seeking-popularised/#74841d776aca
Based on the articleâ€s information and Chapter 14 in your textbook, especially Sections 14.1 and 14.2, respond to the following:
What is the public choice idea or theory?
Explain what rent seeking is.
How can you combine the ideas of public choice and rent seeking?
Choose one real-world example of combining public choice and rent seeking to evaluate.
Your initial post should be a minimum of 300 words.
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!Use Discount Code “Newclient” for a 15% Discount!NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
week 5 eco204 discussions – Essay Writers