Description
In one doc answer the following questions (Add sources link, no plagia)
1. Explain how a firm’s production function is related to its marginal product of labor, how a firm’s marginal product of labor is related to the value of its marginal product, and how a firm’s value of marginal product is related to its demand for labor. Give examples of events that could shift the demand for labor, and explain why they do so. Explain how the wage can adjust to balance the supply and demand for labor while simultaneously equaling the value of the marginal product of labor.
2. Why are coal miners paid more than other workers with similar amounts of education? In what sense is education a type of capital? How might education raise a worker’s wage without raising the worker’s productivity? Give reasons that a worker’s wage might be above the level above balances supply and demand. What difficulties arise in deciding whether a group of workers has a lower wage because of discrimination?
3. When gauging the amount of inequality, why do transitory and life cycle variation in income cause difficulties? How would a utilitarian, a liberal, and a libertarian determine how much income inequality is permissible? What are the pros and cons of in-kind (rather than cash) transfers to the poor? Describe how antipoverty programs can discourage the poor from working. How might you reduce this disincentive? What are the disadvantages of your proposed policy?
In an other doc answer
1. Do Problem 4 on p. 392.
2. Do Problem 7 on p. 411.
3. Do Problem 8 on p. 432.
We offer the bestcustom writing paper services. We have done this question before, we can also do it for you.
Why Choose Us
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
How it Works
- Click on the “Place Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
- Fill in your paper’s requirements in the "PAPER DETAILS" section.
- Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
- Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
- From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.
