Author Question: If a teachers' union negotiates the wage for all college professors, the market supply curve of ... (Read 57 times)

urbanoutfitters · **on:** Jun 30, 2018

If a teachers' union negotiates the wage for all college professors, the market supply curve of college professors
a. is perfectly elastic everywhere
b. is perfectly inelastic everywhere
c. is horizontal and then it slopes upward
d. is vertical and it slopes upward
e. slopes upward and then becomes horizontal

Question 2

Which of the following factors is the most significant in determining the pattern of international trade?
a. absolute advantage
b. diplomatic expertise
c. comparative advantage
d. overpowering military strength
e. a country's size relative to another country's