Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please kindly assist 1.1 calculate labour productivity in year 2020 and year 2021 [10 marks] 1.2 discuss the possible causes of change in labour productivity
Please kindly assist
1.1 calculate labour productivity in year 2020 and year 2021 [10 marks] 1.2 discuss the possible causes of change in labour productivity for each form between 2020 and 2021 [10 marks] Question 2 Explain, with the aid of a graph, why strikes are not Pareto optimal. [10 marks] Question 3 Use the information from the following table to calculate the elasticity of labour supply of the four individuals as hourly wage doubles from R20 to R40. Show all calculations and interpret the answers. [20 marks] Question 4 Assume WM, WF and d stand for male wage, female wage and discrimination coefticient respectively, and a hypothetical firm discriminates against male workers. Explain, in each of the following cases, which group of workers would be hired. 4.1WM=R200,WF=R200,d=R10 [2.5 marks] 4.2WM=R240,WF=R250,d=R40 [2.5 marks] 4.3WM=R300,WF=R330,d=R80 [2.5 marks] Question 1 1.1 calculate labour productivity in year 2020 and year 2021 [ 10 marks] 1.2 discuss the possible causes of change in labour productivity for each form between 2020 and 2021 [10 marks] Question 2 Explain, with the aid of a graph, why strikes are not Pareto optimal. [10 marks] Question 3 Use the information from the following table to calculate the elasticity of labour supply of the four individuals as hourly wage doubles from R20 to R40. Show all calculations and interpret the answers. [20 marks] Question 4 Assume WM, WF and d stand for male wage, female wage and discrimination coefficient respectively, and a hypothetical firm discriminates against male workers. Explain, in each of the following cases, which group of workers would be hired. 4.1WM=R200,WF=R200,d=R104.2WM=R240,WF=R250,d=R404.3WM=R300,WF=R330,d=R80[2.5marks][2.5marks][2.5marks
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started