This topic contains a solution. Click here to go to the answer

Author Question: If featherbedding raises the price of output produced by the union workers, it a. increases ... (Read 72 times)

rl

  • Hero Member
  • *****
  • Posts: 579
If featherbedding raises the price of output produced by the union workers, it
 a. increases employment at the firm and in the industry
  b. decreases employment at the firm and in the industry
  c. increases employment at the firm but may decrease it in the industry
  d. decreases employment at the firm and increases it in the industry
  e. increases employment at the firm but reduces the number of firms so that there is no net effect on industry employment

Question 2

As a result of a tariff on imports, consumers in the importing country
 a. purchase more domestically produced goods and fewer foreign goods, resulting in the consumption of fewer total goods than without the tariff
  b. purchase more domestically produced goods and fewer foreign goods, resulting in the consumption of more total goods than without the tariff
  c. purchase more domestically produced goods and more foreign goods, resulting in the consumption of fewer total goods than without the tariff
  d. purchase fewer domestically produced goods and fewer foreign goods, resulting in the consumption of more total goods than without the tariff
  e. cease importing any goods at all



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

A




rl

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Excellent


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library