might affect the demands made on the human resource department of an organisation? Chapter-2 Q-1. Suppose you work for an organisation that does not conduct job analysis. What arguments will you make to introduce it? What methods of collecting jobanalysis information will you recommend and why? Q-2. What factors need to be considered when redesigning jobs? Of these‚ which is most important? Q-3. Suppose you were assigned to write the job descriptions for a shirt factory in British Columbia employing
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work for partial credit to be awarded. 1. (25 Points) For some fixed ε > 0‚ suppose the consumer’s choice rule is for some C(B) = (x1 ‚ x2 ‚ x3 ) : u(x1 ‚ x2 ‚ x3 ) + ε ≥ max (x1 ‚x2 ‚x3 )∈B u(x1 ‚ x2 ‚ x3 ) for some funtion u from R3 into R. In other words‚ the + agent chooses all items from u(x1 ‚ x2 ‚ x3 ) that come within ε of providing the maximum utility possible given the options in B. (a) (5 points) Suppose we define the preference relation as (x1 ‚ x2 ‚ x3 ) (x1 ‚ x2 ‚ x3 ) if u(x1
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INSTRUCTIONS: You must show all of your work where calculations are required and you must include a brief explanation of approximately 50 words for each answer to receive full credit: 1. Markets‚ Demand and Supply‚ part 1 (10pts): a. What effect will each of the following have on the DEMAND for coffee (i.e. Increase Demand‚ Decrease Demand‚ or NO CHANGE)? You must include a brief explanation of approximately 50 words for each answer to receive full credit: i. There is an increase in the price
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Unit 3 Homework - Template Problem 1: Suppose that the supply schedule of Belgium Cocoa beans is as follows: Price of cocoa beans(per pound) | Quantity of cocoa beans supplied(pounds) | $40 | 700 | $35 | 600 | $30 | 500 | $25 | 400 | $20 | 300 | Suppose that Belgium cocoa beans can be sold only in Europe. The European demand schedule for Belgium cocoa beans is as follows: Price of Belgium cocoa beans(per pound) | Quantity of Belgium cocoa beans demanded(pounds) | $40
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Problem Set 1 Macroeconomics‚ ECON 2123 (Instructor: Partha Sen; TA: Peter Tsui) ------------------------------------------------------------------------------------------------------------------------------------ Posted: Friday‚ 19 September 2014 Due: 5:00 PM Friday‚ 26 September 2014 (Submit your homework into the homework collection box outside the department office) 100 marks total Part I: True/False/Uncertain (20 marks‚ 4 marks each) 1. GDP is the value of all goods and services produced
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Columbia University graduate school policies for your reference: http://gsas.columbia.edu/content/academic-integrity-and-responsible-conduct-research If you believe that these policies are violated‚ please‚ let the Instructor know. Chapter 1 1.6. Suppose that the housing prices across the world double. a. Has society become richer? No. Although houses are worth more in terms of value now‚ the overall production volume of the economy has not increased as a result. b. Are homeowners wealthier? Yes
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CHAPTER 10 Measuring and Managing Translation and Transaction Exposure EASY (definitional) 10.1 ___________ a certain currency exposure means establishing an offsetting currency position so that the gain or loss from the exposure on the original currency is exactly offset buy the gain or loss from the currency hedge. a) Arbitraging b) Cross-hedging c) Hedging d) Risk shifting Ans: c Section: Alternative measures of foreign exchange exposure Level: Easy 10.2 Hedging cannot provide protection
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Chapter 4. Costs and Cost Minimization Problem Set 1. Suppose the production of airframes is characterized by a CES production function: Q = (L½ + K½)2. The marginal products for this production function are MPL = (L½ + K½)L−½ and MPK = (L½+ K½)K−½. Suppose that the price of labor is $10 per unit and the price of capital is $1 per unit. Find the cost-minimizing combination of labor and capital for an airframe manufacturer that wants to produce 121‚000 airframes. The tangency condition
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answer each of the following questions. Where calculations are required‚ show all your workings. (a) Suppose we know from experience that the population standard deviation is 1200‚ and we want a 90% confidence interval for the population value of annual telephone expenditure with an error of estimation (ie the sampling error) no greater than $50. What sample size should we use? (3 marks) (b) Suppose we want a 90% confidence interval for the population value of annual telephone expenditure that is no
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economy falters‚ people tend to travel less and so there is less demand from the airlines industry for Exxon’s fuels. This type of risk that Exxon’s shareholders bear is Specific/Idiosyncratic Risk. Systematic/Market Risk. Question 2 (5 points) Suppose there are three securities (X‚ Y‚ and Z) to choose from‚ and next year the economy will be in an expansion‚ normal‚ or recession state with probabilities 0.30‚ 0.35‚ and 0.35‚ respectively. The returns (%) on the securitiies in these states are as
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