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

Author Question: An unspoken agreement between workers and firms that the firm will not cut wages is known as (Read 50 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Apr 19, 2019

Question 1

If wages are sticky, an increase in labor


◦ demand decreases the wage rate.
◦ supply increases the wage rate.
◦ demand increases the wage rate.
◦ demand leaves wage rates intact.

Question 2

An unspoken agreement between workers and firms that the firm will not cut wages is known as


◦ an implicit or social contract.
◦ an explicit contract.
◦ a relative-wage contract.
◦ employment-at-will.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tsand2 on Apr 19, 2019

frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


tsand2

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Apr 19, 2019
Thank you!


frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Nurses may collaborate with social workers, physicians, and other members of the health care team to Nurses may collaborate with social workers, physicians, and other members of the health care team to
Schengen Agreement Schengen Agreement
One-handed kneading. Tissues are lifted with the whole hand in firm contact. One-handed kneading. Tissues are lifted with the whole hand in firm contact.
Effect of Education on Wages Effect of Education on Wages
Share of Human Capital in Wages in Advanced Countries Share of Human Capital in Wages in Advanced Countries
Economic objectives of firms Economic objectives of firms
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library