Why is a firm hiring in a competitive labor market a price (wage) taker for a given
Question:
Why is a firm hiring in a competitive labor market a price (wage) taker for a given quality of labor?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
A perfectly competitive seller cannot by its output choices appreciably affect the market ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Why is a firm in a purely competitive labor market a wage taker? What would happen if it decided to pay less than the going market wage rate?
-
In a competitive labor market for bakers, the equilibrium wage rate _______. A. Rises if bakers become more productive B. Falls if the supply of bakers decreases C. Rises if the market price of...
-
Why is a firm in perfect competition a price taker?
-
Suppose a consumer lives in two periods , with his income in period 1 as $100 and his income in period 2 as $150. If the rate of interest in the economy is 12%. Find the equilibrium level of...
-
As the price of oil rises, there is increased worldwide interest in alternate sources of energy. A Financial Times/Harris Poll surveyed people in six countries to assess attitudes toward a variety of...
-
The following time series graph shows daily closing stock prices (adjusted for splits and dividends) for Google Inc. from January 1, 2008, through June 21, 2013. a) Which time series components are...
-
What limits the lifetime of a battery?
-
On January 1, 2014, Palka, Inc., acquired 70 percent of the outstanding shares of Sellinger Company for $1,141,000 in cash. The price paid was proportionate to Sellingers total fair value, although...
-
3. A particle of mass m is moving in the xy-plane such that its velocity at a point (x, y) is given as v = a(yx+2xy), where a is a non-zero constant. What is the force F acting on the particle? (A) F...
-
What is responsible for a backward-bending individual supply curve for labor?
-
If efficiency required absolute advantage, how many houses, factories, cars, farms, etc., would be efficient? Why are people, capital, equipment, cars, etc., used even when they arent the best?
-
Theo requires two food supplements, I and II. He can get these supplements from two different products, A and B, as shown in the table. He must include at least 15 g of each supplement in his daily...
-
Current forecasts are for ABCCompany to pay dividends of $2, $2.44, and $5.30 over the next three years, respectively. At the end of three years you anticipate selling your stock at a market price of...
-
A company has 10,000 email subscribers, and they want to calculate the conversion rate for their email campaign. Out of those subscribers, 500 made a purchase after receiving the email. What is the...
-
A capacitor using a new dielectric will be tested by connecting it in the circuit shown above with two resistors of resistance R and a power supply of potential difference E. The ammeter A has...
-
How might Jen's email be misinterpreted by her instructor? Select all that apply. Review the Email Thursday, July 25, 2020 3:15 PM I just saw my total points in Grades. I should be getting an A, but...
-
A derangement is a permutation in which no element appears in its original position. Give a combi- natorial proof that: n! = =(") do + (") d + (2) dz + ... + (") da, where d, is the number of...
-
Compare and contrast how the gift giving ritual is perceived in different cultures. How is it different in Japan or China as compared to the United States? What difficulties do you think an...
-
Refer to the table to answer the following questions. Year Nominal GDP (in billions) Total Federal Spending (in billions) Real GDP (in billions) Real Federal Spending (in billions) 2000 9,817 578...
-
Under what circumstances would a rightward shift in the DAD curve lead to a permanent increase in real national income?
-
For what reasons may the natural rate of unemployment increase?
-
Assume that there is a positive technological shock. How would this impact on the equilibrium level of employment and the economys potential output? Illustrate using diagrams of both the labour and...
-
What is a "priced round" of venture financing, what is a convertible note, and what are the fundamental differences between the two? Explain.
-
How does the structure of financial institutions in Western society have a global effect in Africa, Asia, South America, the Caribbean, etc? What are the benefits financial institutions bring to...
-
As of the 27 th December 2020, the Kenya Shilling continued it's down-slide spiral against the world's major currencies. On a Year To Date (YTD) basis, the shilling depreciated by 7.4% against the...
Study smarter with the SolutionInn App