When Arthur heard about two line workers in another department being fired after a disagreement with their manager, he decided it was time to join the union: I have a family to feed, and I can't risk losing my job because some manager has a bad day. Arthur's reason for joining a union is to:
A) combat alienation.
B) increase job security.
C) correct perceived deficiencies.
D) increase his salary.
E) reinforce his family's support for the union.
Question 2
As a farmer, Gary Forsythe is familiar with the economics of perfect competition. How is the price at which he sells his corn determined?
A) It is determined by Gary because he has a product that many people want.
B) The price is determined by combining the actions of all buyers and all sellers together.
C) The price he will receive is primarily determined by a few buyers at the local grain bin.
D) The government sets the price of the corn to level the playing field for everyone.
E) The price will be approximately 25 percent higher than what other farmers are selling the same corn for because Gary is an astute businessperson.
Arthur Aikin
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