Which of the following will most likely cause backflows? Multiple Choice О falling wages in a migrant's origin nation О high levels of skill transferability О poor information that leads a migrant to overestimate the net benefits of migration О high moving costs
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- What does the expression “marginal product of labour” mean ? Why do workers (skilled and unskilled) migrate from labour abundant countries to countries with a scarcity of labour? How has that migration of labour been of advantage to other countries?Show how one can use the human capital framework to obtain an estimate of migration costs.When is employee compensation referred to as variable pay? 0 a. when employee pay is comprised of varying component O b. when employer costs vary with the incentives offered O C. when employee pay varies with market pay when employee pay is linked to performance O d.
- Consider the one-sided search model and explain (also use graphs please) the effects of an increase in the job offer rate p?You are trying to decide whether to take a job after you graduate or go onto graduate school. Consider the following questions as you make your decision. A. Which of these costs, for the most part, would be relevant (R), and which would be irrelevant (IR)? Cost of your Undergraduate education Salary with an undergraduate degree Salary with both an undergraduate degree and a graduate degree Rent Car Insurance Graduate school tuition and fees Food costs Moving expenses B. Which of these costs could have a differential amount that is relevant/irrelevant, depending upon the location and or policies of your new job?How do I determine the ABC cost of a resident for each category of residents using assistance hours as the cost driver?
- In your own words, explain what differential costs mean. How are fixed costs and variable costs related to differential costs? Provide an example of differentials costs by considering a personal or professional decision you recently made where you had to choose between two alternatives. Identify the examples of differential costs within this experience.Which one is a Historical Cost? Select one: O a. Rent Factory O b. Office Rent O c. All the Above O d. Office salaryWould the cost of full-time hourly employees behave mainly as a variable cost or a fixed cost? Does your answer change if you consider part-time hourly employees rather than full-time employees? Explain.
- The labor supply curve a. may slope either upward or downward, depending upon the real wage b. slopes downward to illustrate that a decrease in the real wage decreases the number of individuals willing to work c. slopes upward to illustrate that more people will want to work as the real wage increases d. slopes upward to illustrate that changes in the real wage are directly proportional to changes in the nominal wage e. slopes downward to illustrate that the availability of workers is directly proportional to the real wageWhich of the following is not an advantage of a group incentive pay scheme O A. administration time is reduced O B. individual working arrangements may become more flexible OC. non-production hours for individuals can be included in the scheme D. bonuses are easy to allocate to individuals Reset SelectionWhich of the following best describes an "opportunity cost"? Group of answer choices costs that were incurred in the past and cannot be changed The distribution of all products to be sold Expected future costs that differs among alternatives Benefits foregone by not choosing an alternative course of action