Economics Archives - Howard Assignments

The process of unionization and collective bargaining in an organization

Analyze the process of unionization and collective bargaining in an organization Scenario You are working as an HR analyst for a company that employs 400 employees and manufactures household items. The order fulfillment department has begun the process of campaigning to organize a union. This is a significant number of employees; they make up …

The process of unionization and collective bargaining in an organization Read More »

How might a business learn about a proposed process improvement through a prototyping activity

Answers, Economics / By superadmin

How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose of a prototype? Provide a specific example.

CIO’s department of Maryland Technology Consulting (MTC)

Answers, Economics / By superadmin

As the business analyst in the CIO’s department of Maryland Technology Consulting (MTC), your next task in developing your Business Analysis and System Recommendation (BA&SR) Report is toconduct a process analysis. This will identify how the current manual process is working and what improvements could be made to the process that would be supported …

CIO’s department of Maryland Technology Consulting (MTC) Read More »

Ways grandparents influence the development of a child

Answers, Economics / By superadmin

In what ways do grandparents influence the development of a child? How can these interactions be beneficial to a developing child?

The effect of raising the minimum wage from a supply and demand standpoint

Answers, Economics / By superadmin

Describe who the suppliers and demanders are in the labor market. Is a government-mandated minimum wage a price floor or ceiling? Discuss the effect of raising the minimum wage from a supply and demand standpoint, making sure to address the concept of surplus or shortage, and specify what that shortage …

The effect of raising the minimum wage from a supply and demand standpoint Read More »

Raising the minimum wage

Answers, Economics / By superadmin

Raising the minimum wage will also affect the labor costs of businesses. What is going to happen to the prices these businesses charge for their products? And who is going to be most affected by these price changes, those with low incomes or those with high incomes?

The difference between indirect and direct cost. ‘

Answers, Economics / By superadmin

Define and discuss the difference between indirect and direct cost. Provide an example of each and communicate your own understanding.

Opportunity cost

Answers, Economics / By superadmin

Think about major purchases you have made in the past. Now that you know about opportunity cost, would that knowledge have affected your decision to make any past purchases? Your journal entry must be at least 200 words in length. No references or citations are necessary.

Demand curve

Answers, Economics / By superadmin

Think about a decision you have to make concerning whether to text and drive. Using economics, explain the factors that have caused your demand curve to text and drive to shift over the past 5 years, and indicate in which direction your demand curve has shifted. Your journal entry must …

Demand curve Read More »

A supply curve

Answers, Economics / By superadmin

What does a supply curve illustrate? Other than its own price, what are the determinants of the supply of a commodity. What would make a supply curve shift to the right? Imagine that the market for orange juice is in equilibrium at a price of $8 per gallon. Provide two demand-related …

A supply curve Read More »