The impact of a strike is limited to the ability of the union to
A) prevent replacement workers from continuing their work.
B) lower its wage demands of non-union members.
C) control the pension fund.
D) none of the above.
A
Economics
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The table above gives the labor market for a small foreign economy. Equilibrium in the labor market occurs at a real wage rate of
A) $7.15 per hour. B) $8.50 per hour. C) $9.00 per hour. D) $7.65 per hour. E) $8.00 per hour.
Economics
If a demand curve shifts, we know that
A) the price of the good itself is not a factor. B) the price of the good itself is a factor. C) the price of the good and supply are the major factors. D) the price of the good and demand are major factors.
Economics