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Author Question: If a union is able to increase the demand for union-made goods, a. wages will increase but ... (Read 108 times)

natalie2426

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on: Jun 30, 2018
If a union is able to increase the demand for union-made goods,
 a. wages will increase but employment will decrease
  b. wages will increase and employment will increase
  c. wages will decrease but employment will increase
  d. wages will decrease and employment will decrease
  e. the demand for non-union labor will increase

Question 2

The difference between a specific tariff and an ad valorem tariff is that a specific tariff
 a. is a set amount of money per unit of a product, while an ad valorem tariff is a set percentage of product price
  b. is a set percentage of product price, while an ad valorem tariff is a set amount of money per unit of a product
  c. names a particular good to which the tariff applies, while an ad valorem tariff applies to large classes of products
  d. applies only to imports, while an ad valorem tariff applies only to exports
  e. sets a strict quota limit on the amount one individual can purchase, while an ad valorem tariff sets no such limit


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aadams68

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

B

Answer to Question 2

A


natalie2426

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

aruss1303

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Reply 3 on: Yesterday
Wow, this really help

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