Labor unions, when successful, increase the total employment opportunities offered by a firm

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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If Levi Strauss & Co were to require every retailer that carried its clothing to charge customers $42 for each pair of jeans, Levi Strauss & Co would be practicing

a. resale price maintenance. b. fixed retail pricing. c. tying. d. cost plus pricing.

Economics

Refer to the diagrams, which pertain to monopolistically competitive firms. A short-run equilibrium entailing economic profits is shown by:



A.  diagram a only.
B.  diagram b only.
C.  diagram c only.
D.  both diagrams b and c.

Economics