ERR 201 1.1 Health and Safety DBS Hours worked Pay Holidays Statutory Sick Pay Maternity leave Reporting of injuries and accidents 1.2 The Health and Safety at Work Act 1974 The Data Protection Act 1998 The Employments Rights Act 1996 The National Minimum Wage Act 1998 The Equal Pay Act 1970/1983 Human Rights Act 1998 The Sex Discrimination Act 1975 The Race Relations Act 1976 (amendments 2000) and Regulations 2003 The Disability Discrimination Act 1995 The Childcare act 2006 The Care Standards
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Question 1: Assume that Econoland produces haircuts and shirts with inputs of labor. Econoland has 1000 hours of labor available. A haircut requires ½ hour of labor‚ while a shirt requires 5 hours of labor. Construct Econolands PPF. Answer 1: To construct Econolands Production Possibility Frontier (PPF) we first need to understand what is a PPF. A production possibilities frontier (PPF) is a graph showing the different quantities of two goods that an economy can efficiently produce with limited
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ERR 201 1.1Aspects of employment covered by law. Minimum wage Working hours(WTD- Working time directive) Discrimination Health and safety Holiday entitlements Maternity leave Redundancy and Dismissal Disciplinary procedures Disability Act Manual Handling Operations and Regulations Data Protection Act RIDDOR 1995 1.2 Legislation on above points. National Minimum wage act 1998: The national minimum wage is the minimum pay per hour almost all workers are entitled to by law. The minimum wage rate
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Eco-Defense Environment is the precious gift given by nature to us. It is the basic necessity of humans to survive. It includes all the forests‚ rivers‚ oceans‚ atmosphere‚ etc. As it is precious‚ some of the people are trying to destroy it. The American wilderness is under huge assault. Edward Abbey wrote Eco-Defense to address the threats to the environment and suggesting taking steps to protect it from depleting. The author uses ethos‚ pathos‚ and logos by addressing the various threats to
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LAW OF DIMINISHING MARGINAL UTILITY: The law of diminishing marginal utility describes a familiar and fundamental tendency of humanbehavior. The law of diminishing marginal utility states that: “As a consumer consumes more and more units of a specific commodity‚ the utility from the successiveunits goes on diminishing”. Mr. H. Gossen‚ a German economist‚ was first to explain this law in 1854. Alfred Marshal later onrestated this law in the following words: “The additional benefit which a person
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33 2) If a stock is expected to pay a dividend of $40 for the current year‚ what is the approximate present value of this stock‚ given at discount rate of 5% and a dividend growth rate of 3%? Answer: P = $40/(0.05 - 0.03) = $40/0.02 = $2‚000 Topic 2: Supply and Demand 1) Suppose that the demand for oranges increase. Explain the long -run effects of the guiding function of price in this scenario. Answer: In the long run‚ the higher price of oranges will signal more firms to enter
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Supply and Demand Economists believe they understand and can predict within a certain degree the outcome of general micro and macroeconomic phenomena. Microeconomics is the study of individual choice‚ and how that choice is influenced by economic forces (Colander‚ 2010). Macroeconomics is the study of the economy as a whole (Colander‚ 2010). As much as the regular person would like to ignore these same principles and simply live their lives they will be subjected to the harsh reality of economics
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The Issue: In the past couple of weeks‚ buzz has been generated about the possibility of changing the current Mod System. Some are open to changes being made while others are adamantly against it. The current system has gone unaltered for many years‚ due to the fact that nobody had felt a need for making changes. As a student‚ I believe that the system runs smoothly as is‚ and do not feel any desire for it to be changed. There is no harm in an initial overlook of the system: evaluating the school
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1 S Y N O P S I S VALUATION SURVEY REPORT ON Land of A/C – M/S. Ali Azgar Cap Products PRESENT VALUE Land : 1.885 decimal : Tk. 28‚27‚500.00 DISTRESSED VALUE Land : 1.885 decimal : Tk. 22‚62‚000.00 2 Ref : GII/BV/AI/471/2012. Date : 18.10.2012. The Manager Al-Arafah Islami Bank Limited Kamrangirchar Branch
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Eco – Cities Mehraz Khaleghi Kerahroodi This week‚ unlike previous weeks‚ we face societies who could effectively manage their cities‚ in terms of environmental aspects. Their success is‚ mostly‚ linked to strong mayoral leadership and people’s active participation in city programs; purchasing city-issues bond or even collecting garbage. These actions showed their commitment to sustainable development. But‚ this couldn’t be done without good understanding of local culture. Besides‚ these
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