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Author Question: Which of the following union tactics, if successful, would increase wages and create a surplus of ... (Read 55 times)

Pineappleeh

  • Hero Member
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  • Posts: 585
on: Jun 30, 2018
Which of the following union tactics, if successful, would increase wages and create a surplus of labor?
 a. collective bargaining to fix the wage above the competitive level
  b. decreasing the marginal revenue product of the union workers
  c. increasing the demand for union-made products
  d. restricting the supply of nonunion products that compete with union-made products
  e. increasing labor productivity by minimizing conflicts and resolving differences between labor and management

Question 2

It is possible for one country to have a comparative advantage in the production of all products.
 a. True
  b. False


britb2u

  • Sr. Member
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  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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