1.From the perspective of economic theory, what is a minimum wage and when is it binding?

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1.From the perspective of economic theory, what is a minimum wage and when is it binding?
2.According to the Fair Work Commission’s National Minimum Wage Order for 2018 (available on it’s website), what is the national minimum wage per hour in Australia for an adult worker?
The following information will be used for the remaining 10 questions. Assume that the market for unskilled labour in Australia is a competitive market and can be described by the following demand and supply curves: D = 1,500,000 – 60,000W S = 120,000W – 1,200,000 Where W = wage rate per hour for labour, D is hours of labour demanded and S is hours of labour supplied.
3.Calculate the equilibrium wage rate and quantity of unskilled labour employed. Draw a diagram to illustrate your answer.
4.Show on your diagram and calculate the size of the: (i) Consumer/firm surplus
(ii) Producer/worker surplus
(iii) Total Surplus
5.Suppose that the Fair Work Commission imposes a minimum wage of $19 per hour.
(i) How many hours of employment are exchanged in the market?
(ii) Calculate the size of the surplus or shortage of hours created by the imposition of the minimum wage.
6.Assume that a minimum wage of $19.00 per hour is introduced. However, there is no change in either the Supply or Demand equations used in Question 3.
Draw a new diagram and label the minimum wage.
Calculate and show on the diagram:
i) Consumer/firm surplus
ii) Producer/worker surplus
iii) Total surplus
iv) Resources lost in job search
v) Deadweight loss
7. In answering the following questions, base your responses on what has happened to the relevant surplus.
Following the introduction of the minimum wage explain if:
i) Firms are better off?
ii) Workers are better off?
iii) Society is better off?
8.Now assume that the resources lost in job search calculated in Q6 are actually captured by producers (workers). In other words, now assume that no resources at all are lost in job search activity.
Re-calculate the following:
i) Consumer/firm surplus
ii) Producer/worker surplus
iii) Total surplus
iv) Deadweight loss.
9.Based on your re-calculations in Q8, is the conclusions reported in Q7 change?
10.Consider your responses in Q7 and Q9. From a consequentialist perspective that has as its objective allocative efficiency, is the introduction of a minimum wage ethically justified? Explain.
11.Consider your responses in Q7 and Q9. From a consequentialist perspective that has as its objective improving the standard of living of unskilled workers, is the introduction of a minimum wage ethically justified? Explain.
12.From a deontological ethical framework, construct an argument either in favour of a minimum wage or against it.
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Report iii | Operations Management homework help

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Resources: How to Plot Data onto a Map in Microsoft Excel

Read the following scenario:

Now that you know where the outbreaks are located and which age groups are most affected, your organization wants to map out the areas that pose the highest exposure risk.

Create a symbols map using Microsoft Excel® and the data provided in the High Risk Areas document to determine the areas of the country with the most risk.

Note: Watch the “How to Plot Data onto a Map in Microsoft Excel” video for more information about plotting data on a map in Excel. Note also that this information will be used for further analysis in Week 6.

Write a 150 words report of your analysis of the data. Include an answer to the following questions:

What else can be deduced after evaluating the chart?

Include your symbols map in the report.

Include three peer-references that support your analysis.  

Format your citations according to APA guidelines.

Analysis of Nike

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Using the vocabulary and principles found in Practical Wisdom, do an analysis of Nike using the chapter from Everybody’s Business in a2-3 page paper. Make sure that your points are clear and supported with examples. Generalized statements will not count as an analysis.Do not Google Aristotle and Nike and try to write a paper. If you didn’t read the two assignments it will be immediately apparent. You should have quotes from both texts and from more than one section to show that you fully comprehended the texts. Do not simply summarize the two texts and repeat what you read. To help with your own clarity when writing, make sure you have one major concept per paragraph. If your essay is 5 paragraphs plus an introduction and conclusion, I should be able to assume you are making 5 points.Each paragraph should include analysis from both texts. You should articulate your points clearly. When you are done with your paper check for grammar and spelling.

let me know if you need any additional information

 

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Introduction to basic cryptography: hashing

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In this essay, you will provide a real-world example of how cryptography/hashing can be used in order to secure data transmission across a network. Provide a scenario and explain how data is secured using the plaintext and ciphertext process that was discussed last week.. In addition to the video, choose one other scholarly reference to support your discussion.

Requirements:

  • Submit in a Word document.
  • Include cover page
  • Must be a minimum of two pages (excluding references and cover page)
  • Appropriate APA format is required.
  • Properly cite and reference any borrowed resource(s)