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

Author Question: If an industrial union is able to negotiate a wage above the market-clearing wage, the non-union ... (Read 151 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
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
Answer to Question 1

B

Answer to Question 2

E




genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library