This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an industrial union is able to negotiate a wage above the market-clearing wage, the non-union ... (Read 156 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 30, 2018
If an industrial union is able to negotiate a wage above the market-clearing wage, the non-union wage in other industries will
 a. increase
  b. decrease
  c. increase, if the union can restrict the supply of labor
  d. increase, if the union can increase the supply of labor
  e. decrease due to the strike-breaking activity of the firm

Question 2

A country should export only those goods for which, relative to its trading partners, it has the
 a. absolute advantage
  b. highest opportunity cost
  c. lowest production possibilities
  d. strongest demand
  e. lowest opportunity cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

E


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jun 30, 2018
Excellent

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
Industrial Development Industrial Development
Industrial Regions Industrial Regions
Industrial Waste and the Impact on the Environment Industrial Waste and the Impact on the Environment
Stock Market Question Stock Market Question
Iraqi market Iraqi market
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library