define commodity fetishism and its relation to labor. Then, pick a popular commodity and describe how it is fetishized today. If possible include a web link to an advertisement for this product.

Q: Does the old boy network operate in favor of men and can women get the job only if they accept to…

A: Old boy network refers to group of boys pass-out from various prestigious colleges and now they are…

Q: The owners' goal is to keep players' salaries True or False: This goal is difficult to achieve Tow e…

A: Oligopoly: Oligopoly is a market structure with few firms, none of which can hold the others back…

Q: Other things constant, which of the following job characteristics would be most likely to result in…

A: Generally the employee’s compensation rate is depends upon certain factors like, nature of work,…

Q: Other things being equal, a labor union will find it harder to get a wage increase for its members…

A: Answer- Need to find- Other things being equal, a labor union will find it harder to get a wage…

Q: excess supply

A: Any good needs factors of production to produced. A major factor of production is labour(L). And the…

Q: Q1. Would you support the minimum wage law? Would this help or hurt the workers? Defend your answer.

A: The minimum wage law is the minimum wage rate mandated by the government, i.e. it is minimum wage…

Q: waiters/waitresses are paid largely in the tips they receive from customers rather than in wages

A: Restaurant waiters and waitresses largely get wages in the form of tips. This is the process set to…

Q: Question 1: What circumstances are like to make the use of pay-for-performance appropriate or…

A: The Pay for performance model, often known as performance-related remuneration, refers to employee…

Q: Describe how the firm decides whether to offer a safe working environment or a risky environment.

A: Ste 1-  The safety of the workplace is very necessary for each employee of the firm where they can…

Q: . Would you support the minimum wage law? Would this help or hurt the workers? Defend your answer.

A: Minimum wage act: - it ensures the minimum amount of wage for workers. Unemployment: - unemployment…

Q: Who bears the motherhood wage penalty

A: Lower hourly pay is linked to motherhood.

Q: Over the long run, ____________ per hour is the mostimportant determinant of the average wage level…

A: Average wage refers to the mean salary of the employees/laborers. This is monitored and used by the…

Q: traditional theory predicts that labor demanded would supplied would a. Increase, increase b.…

A: A minimum wage is the least remuneration that employers can legally pay their employees—the price…

Q: what makes contractualization inhumane or violent the rights and dignity of a worker?

A: The practice of hiring people for a limited time before firing them is known as contractualization.…

Q: what impact does minimum wages have on the labor market? Discuss giving examples

A: The impacts of the minimum wage on the labor market are the following: Unemployment Uncompetitive…

Q: true or false Labor unions are organized primarily to help women who are expecting to go into labor…

A: Labor unions: Labor unions are the group of individuals that are working at the root level. These…

Q: How might construction industry job losses affect incomes in the clothing and travel industries?

A: A loss in the job in the construction industry will be lead to a decrease in the income of both…

Q: torture DA Guaranteed paid vacation and sick days, plus time-and-a-half for overtime and working…

A: The International Labor Organization is a United Nations office whose order is to propel social and…

Q: Which of the following depicts the situation of deferred wages with company- specific training?

A: Deferred wage is referred to the influence of seniority on the wage rate. An individual may gain a…

Q: What are considered nonmarket barriers to adjustment? (check all that applies) a. minimum wage laws…

A: The barrier to entry is a way in which a firm is prevented to enter the market.

Q: How can stages of production be used to determine the most profitable number of workers to hire

A: The firms, and businesses tend to work with the motive of earning higher amount of profits. The…

Q: Immigration is a multi-faceted phenomenon, with the potential for both large-scale and industry-…

A: Here we are given the following information:  1) Due to the immigration more people would enter in…

Q: The table below shows the quantity demanded and supplied at various wage rates for a competitive…

A: Equilibrium in the labor market occurs where quantity demanded equals quantity supplied of workers.

Q: A firm can be said to pay workers an efficiency wage when:  A. the wage is above what workers can…

A: In an economy, efficient wage refers to the wage rate that is paid to the workers which encourage…

Q: A right to work law is a law which requires all employees to join the union. O requires the…

A: If a person is willing to work, there are laws that do not favour collective bargaining agreements…

Q: The graph below depicts the major employer in a small town.   At what quantity of workers does the…

A: Marginal benefit of each labor is represented by the MRP curve and marginal cost of labor is…

Q: The term refers to a practice in which employers decide to hire more workers than are required for…

A: Given information, Misallocation-When capital and labor are unfairly spread, less productive…

Q: ). Union leaders are in better position to bargain for higher wages if demand for labour is

A: To find : When do uniob leaders are in better position to bargain for wages.

Q: Craft unions have typically been most effective in raising wage rates by:

A: The unions that were formed in the Britain and in US in the mid-19th century with a purpose of…

Q: Question 33, 41 Listen Should the company invest in the training program if allows them to expand…

A: Answer= "Thank you for submitting the questions. But, we are authorized to solve one question at a…

Q: Offering higher than equilibrium wages can be expected to  a)increase the cost of losing a job. b)…

A: When firm offer higher wage than the equilibrium wage, it will increase the cost of losing a job.

Q: Union A wants to represent workers in a firm that would hire 20,000 workers if the wage rate is $12…

A: Price elasticity of demand gauges how delicate purchasers are to changes in the price of products or…

Q: Support a higher minimum wage. Analyze the challenges that this will be for households, firms, and…

A: The minimum wage is the minimum remuneration offered to the employees against the work done.

Q: Which of the following would increase the supply of labor? There’s a decrease in the number of…

A: Supply is the total quantity of products and services that the producer manufacture to sell in the…

Q: The effects of TRAIN lAW to the students

A: Tax Reform for Acceleration and Inclusion (TRAIN) Law allows for a better collection of government…

Q: Give three reasons a worker’s wage might be above the level that balances supply and demand

A: Three reasons that a worker's wages might be above the level that balances supply and demand are…

Q: In regards to minimum wage, should there be a national standard or should minimum wage be regulated…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…