This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the United Mine Workers successfully negotiates a wage that is higher than the competitive wage, ... (Read 122 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
If the United Mine Workers successfully negotiates a wage that is higher than the competitive wage,
 a. an excess demand for labor is created
  b. a surplus of labor is created
  c. the demand for labor increases
  d. the supply of labor decreases
  e. the quantity of labor demanded increases

Question 2

Which of the following is not true of the terms of trade?
 a. They are determined by supply and demand factors.
  b. They lie somewhere between the opportunity costs of the trading partners.
  c. GATT begins negotiations on the terms of trade.
  d. They depend on negotiations between trade partners.
  e. They often favor one partner more than the other.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


dollx

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Jun 30, 2018
Thank you


jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Several species of squirrels have melanistic phases. In large parts of United States and Canada, the Several species of squirrels have melanistic phases. In large parts of United States and Canada, the
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ... Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ...
Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ... Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ...
Specialized Workers: Soldier Termite Specialized Workers: Soldier Termite
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library