Increasing Numbers of Businesses Are Offering Child-Care Benefits for Their

question 25

Essay

Increasing numbers of businesses are offering child-care benefits for their workers. However, one union claimsthat more than 85% of firms in the manufacturing sector still do not offer any child-care benefits to theirworkers. A random sample of 430 manufacturing firms is selected, and only 32 of them offer child-carebenefits. Specify the rejection region that the union will use when testing at α = 0.10.

Analyze the assumptions and implications of the kinked demand curve model.

Understand the effects of supply changes on market prices and cartel shares.

Examine the challenges and strategies of collusive behavior in oligopolies.

Analyze the impact of changes in marginal cost on cartel pricing and quantity decisions.

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Definitions:

Wilshire 5000

A stock market index designed to measure the performance of all U.S.-headquartered equity securities with readily available price data.

NAV

Stands for Net Asset Value, which is the value per share of a mutual fund or ETF calculated by dividing the total value of all the securities in the portfolio by the number of shares outstanding.

Income Distributions

Payments made from a fund or account to investors, which can include dividends from stocks or interest from bonds.

Capital Gain Distributions

The payment of proceeds prompted by an investment fund's sale of stocks and securities, which are passed on to the fund's investors.