Thank you much for writing my perfect assignment!.!. Very well written and great service
1. Discuss the difference between the HRM and the Industrial Relations approach to the study of Labour Institutions. (5 Marks)
2. Illustrate and explain how we derive short run demand for labour for a firm. Why can we not just horizontally sum all SR firm demand curves to get a SR market demand curve for labour? (10 Marks)
3. Utilizing isoquants and isocosts, derive the LR demand for labour for a firm. Your answer should include a clear explanation of the substitution and scale effects. (10 Marks)
4. Suppose that the market price for factors of production are:
R = $200/hr
Suppose as well that presently, the firm is producing Qo where MPL = 50 units/hr and MPK = 50 units/hr. Is this a cost minimizing method of production? Illustrate and explain what the firm should do in this situation.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more