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 84 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
YES! Correct, THANKS for helping me on my review

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo
A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
Amid fears that Japanese Americans were “enemies within” who would sabotage industrial and ... Amid fears that Japanese Americans were “enemies within” who would sabotage industrial and ...
Industrial Regions Industrial Regions
Main Hall, Trajan's Market Main Hall, Trajan's Market
Sources of industrial solid waste in Canada Sources of industrial solid waste in Canada
Video: Introduction to Spirometry

For a complete list of videos, visit our video library