Miss Natalia

(14)

$20/per page/Negotiable

About Miss Natalia

Levels Tought:
Elementary,High School,College,University

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Calculus,Computer Science,Environmental science,Health & Medical Hide all
Teaching Since: Apr 2017
Last Sign in: 359 Weeks Ago, 6 Days Ago
Questions Answered: 6064
Tutorials Posted: 6070

Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Economics Posted 24 May 2017 My Price 5.00

Read about the income and substitution effects and give me your advice.

example: I teach in another online university that pays me the same compensation per course since year 2010. I have politely asked one month ago if the amount was going to be the same in year 2017. One hundred dollars in year 2010 are $ 114 today. The answer was that they are not thinking in "increasing" the salaries this year. 

 

As the purchasing power of this compensation has declined, I have four alternatives:

1. Work more, for example increasing the numbers of hours dedicated to tutoring,

2. Buy less expensive goods (drink water instead of Tropicana Orange Juice).

3. Reduce the time I spent with the class (it means reduce the quality of teaching).

4. Quit in that university and look for another job.(in another university or in a private company).

 

Read about the income and substitution effects and give me your advice. Explain your answer. Provide references 

 

  Videos:

 

The labor-Leisure Problem. https://youtu.be/aDeI5meKDjk

 

Office Hours: Substitution and Income Effect. https://youtu.be/a4VvgPL_LB0

Answers

(14)
Status NEW Posted 24 May 2017 02:05 AM My Price 5.00

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