Firm's Essay Example | Topics and Well Written Essays - 500 words

Firm's - Essay Example This is an important figure to know because from this, the revenue price for each product can be calculated. The formula is shown below: To determine Average Total Cost, we need to add the Total Fixed Cost to the above equation. The Total Variable Cost and Total Fixed Cost are summed together and divided by the units of output per day. This figure is another important number to know because it can be added together with the Average Variable Cost to determine the cost per unit. In this case, it would be $49 ($22+$27). The formula for Average Total Cost is displayed below: To find out Worker Productivity, we simply take the units of output per day and divide it by the number of workers. This will give us the number of units that each worker produces each day. This formula is shown below: Both sets of calculations have the firm’s output price at $25 and the Average Variable Cost at $22. The difference is in the Average Total Cost. The first scenario has ATC at $27, while the second scenario has an ATC of $37. However, in both of these cases, the AVC is lower that the output price. Because of this, the firm should not be shut down immediately in either case. In terms of break-even numbers, we need to divide the total loss by the daily wage of each worker. For the first example, the $400,000 loss would be divided by $80 per worker (400,000/80), which equals 5,000 workers. If 5,000 workers were laid off, it would leave a workforce of 45,000. If we assume that production remains steady at 200,000 units per day, this means that Worker Productivity would have to increase from 4 units per day to 4.4 units per day (200,000/45,000). The second case would have a loss of $2,400,000 divided by $80 per worker (2,400,000/80), which would result in a loss of 30,000 workers, leaving the workforce at 20,000 workers. If we assume that production output (200,000 units) remains the same, then each worker would have to produce 10 units per

Trafficking Paper Final Essay Example | Topics and Well Written Essays - 2250 words

Trafficking Paper Final - Essay Example The issues of migration, consent, and working conditions of all trafficked persons are among the concerns pointed out by both sides of the debate. Interestingly, â€Å"while the understanding of trafficking and its definitions have expanded, discussions of trafficking are often still limited to its most salacious aspects, verging at times on voyeurism.† (Ditmore, 2005a) â€Å"Laws on prostitution vary significantly from one country to another but generally fall into 3 categories: prohibition, which makes all prostitution illegal; regulation, which legalizes and regulates prostitution; and abolition, which decriminalizes prostitution.† (Barry, 1995) Nevertheless, given all these policies and their good intentions, the human rights of the trafficked person are still ignored. As one author put it responsive action to the problem of human trafficking is still better than new laws, national or international. (Barry, 1995) In the 19th century, the military was often ineffective due to venereal disease. Not surprisingly, this was traced to their sexual activities with prostitutes. As a result, the immediate focus of the government was to prevent the contamination but without impinging on the soldiers’ sexual behaviors. A place was set up where public prostitutes were registered and required to have semi-weekly examinations. Trafficking, which was synonymous to prostitution that time, was to be regulated because it was a way of passing on the disease to the military personnel. However, the Act only applied to women. (Barry, 1995, p.93) â€Å"The Contagious Diseases Acts were designed to protect the health of the military men by subjecting any woman whom the special Morals Police identified as a prostitute to a â€Å"surgical examination,† which involved the use of crude instruments for special vaginal examinations by often cruel doctors.† The