For P1, unit 19 I have to explain the concept of an unequal society. I will pick out points which make our society unequal and then talk about reasons for each of these in more depth. * Men from ethnic minorities are paid less than white men with the same qualifications Make wealth history (2010) This is one concept of an unequal society. This does not to apply where there are both white men and men from ethnic minorities working for the same company. If there was a restaurant which is run just by men from ethnic minorities often get paid less than a group of white men running a restaurant.
Operations Decisions Bobby Roy ECO 550: Managerial Economics Dr. Peter Wui May 19, 2014 The Market Structure of the Low calorie Food Company From the regression results in the previous assignment, it clearly shows that the product inelastic. Considering the elasticities of the 26 companies, it clearly shows that the market structure is a monopolistic competition market. This implies that each company controls a small proportion of the market share. They have almost similar product, only slightly differentiated. The Leading Competitors in the Low-calorie Microwavable food Industry There are many low calorie microwavable food options available in the market today.
• Yes, although it lacks in some areas for the most part this food product contains high amounts of nutrients, such as fiber, per amount of calories. That qualifies it for the title of a nutrient dense food. [pic] ----------------------- • There are 160 calories per serving and 8 servings per
Benjamin Powell a graduate from Hampden-Sydney College is featured in an article from the Library of Economics and Liberty. In the article contrary to most American and global views based on overall society stigmas of sweatshops, Powell is in defense of sweatshops. Powell supports his argument with logic and reason. His first example given is that sweatshop laborers dont have an alternative to earn money. The second example given is that the money earned daily by laborers is often higher than the average national wage.
Rochdi Ammar DRE-098-N2 Zaneta summers 15 April, 2014 Eat Healthy! Diet and nutrition form the major determinants of population health. Across America, majority of people do not comply with recommendations regarding intakes of energy, sodium, fruits, saturated fat, and vegetables. The extent to which food is available determines the eating habits. Because food availability depends on an individual’s capacity to buy or produce the food, financial power will determine what kinds of foods one can get; therefore, the rich will access most of the foods as the poor struggle to them or lack them after all.
The 1920 – WWII The United States has the economic power in the world according to researchers. Japan, Germany, China, ext. all try to catch up to the United States but aren’t able too. They might have slightly higher standards of living but will never compare to the U.S. economically. The U.S. produces almost double than what japan produces.
The unemployment rate consists of the labour force and number of people actively seeking work whom are unemployed within the labour force. The unemployment rate is calculated by :The number of employed x100 / Labour force. Between 1970 and 1983 there was a rise in this rate that peaked around 10%; this rise could have been attributed due to weak economic conditions that did not produce enough jobs for the supply of labour. From 1992 to 2007, Australia saw a gradual decline in the unemployment rate most likely due to prosperous economic conditions facilitating strong jobs growth. 2) Based on reading the chapter and our lecture discussions, you should be able to identify an “error” in Figure 11.2 (page 247).
The supervisors are requesting a pay raise. As it stands currently dispatchers that are receiving the cash out option for the health and welfare end up with a higher pay than the supervisors. In addition, the union contract that was recently put in place for the dispatchers and call takers guarantees them an annual raise. They will continually make more money unless the supervisors get a raise. The site manager argues that all five supervisors are needed to fill in for leave and other absences (all supervisors are trained dispatchers) and by hiring the additional full time employees, the overtime that is being worked by several employees will come to an end.
During an annual review the employee was given a “above average” work rate in his department and another employee, who is younger, 32 years old received a performance review of “adequate”. Although the first employee was given a higher rating in performance he was past up for a promotion due to his age. The Age Discrimination in Employment Act of 1967 was set in place to protect individuals who are 40 years of age or older from employment discrimination based solely on age. This act made it unlawful for an employer to discriminate against a worker because of their age in typical conditions of employment like interviewing, hiring, compensating, discipline, terminating, and promoting. The company violated the Age Discrimination in Employment Act by promoting one employee over another simply because one was younger than the other.
The most profitable category is the "textbooks", which the second GMROI. For $1 invested they receive $1.14. Nevertheless highest inventory turnover, that means that they sales volume is higher than in other categories, and also the total annual sales of the category. Therefore, instead of not being the category with a higher GMROI, it has the best inventory turnover and the highest annual sales, which make the category more profitable than the others. The least profitable category is the "reference books", with less than 100% of GMROI.