Chapter 5 for Managerial Economics. 2. A firm’s product sells for $4 per unit in a highly competitive market. The firm produces output using capital (which it rents at $25 per hour) and labor (which is paid a wage of $30 per hour under a contract for 20 hours of labor services). Complete the following…
Sexual Harassment Sexual harassment is a type of sex discernment that breaches Title VII of the 1964 Civil Rights Act. Sexual harassment unwelcome sexual advances, physical or verbal conduct that are of a sexual nature or request for sexual favors that implicitly or explicitly affect a person’s terms or conditions of employment as well as…
Introduction There are three main types of management styles that manager’s use, Autocratic, Participatory and Laissez-faire. The autocratic management style involves managers making all the decisions and the employees having no real input at all. The participative style has managers making decisions democratically, and all employees are consulted for their views. The laissez-faire management style…
Introduction As the 19th century drew to a close, the rapid development of cities served as both a uniting and diving factor in American social, economic, and political life. Cities attracted a rich cross-section of the world’s population, creating a diverse, metropolitan atmosphere. At the same time, cities forced people from entirely different backgrounds to…
Introduction As the 19th century drew to a close, the rapid development of cities served as both a uniting and diving factor in American social, economic, and political life. Cities attracted a rich cross-section of the world’s population, creating a diverse, metropolitan atmosphere. At the same time, cities forced people from entirely different backgrounds to…
Background Erik Erikson was born in the year in 1902 but he died in the 1994. He was born in Frank furt, Germany but in the early 1930s, he moved to the United States. At his youth age, he used to serve as a tutor of the children of Sigmund Freud associates. He received training…
Introduction The beginning of the First World War started in early 90s and the causes of the war have always been considered a complicated debate subject. Several countries were engaged in military conflict and form alliance among themselves as they were hunger for power and control, forcing them to submit to harsh duty. Germany and…
Introduction Adolf Hitler was born on April 20, 1899, in Braunau am Inn city in the nation of Austria. His family migrated, and they went to live for a short while in Germany and afterward back to Austria and back to Germany to study. The ascent to power of Adolf Hitler did not come by…
Simone de Beauvoir Introduction For the past few years there have been great concerns regarding gender inequality as women are being subjected to gender discrimination in many areas in the society. Women have been viewed as sex objects for men and they are inferior to men hence they are required to be submissive to them…
Introduction Children are entitled to some rights and their parents are responsible for ensuring that they enjoy these rights. Some of them are health and education rights where every child has the right to quality health care and right to education. However, due to the ignorance of some parents and in a means of controlling…