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Author Question: An industrial union can obtain a wage higher than the competitive level a. without any change in ... (Read 109 times)

rosent76

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  • Posts: 516
on: Jun 30, 2018
An industrial union can obtain a wage higher than the competitive level
 a. without any change in total employment
  b. at the cost of a reduction in total employment
  c. and achieve higher total employment as well
  d. and achieve the same or higher total employment
  e. thus increasing the quantity of labor demanded

Question 2

The basis of the benefits of specialization is
 a. comparative advantage
  b. absolute advantage
  c. size of country
  d. identical production costs between two countries
  e. self-sufficiency


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joewallace

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


rosent76

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  • Posts: 516
Reply 2 on: Jun 30, 2018
Excellent

epscape

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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