The success of a strike depends on the union's ability to
a. do all of the following
b. reduce the supply of labor to the firm
c. reduce the supply of scabs to the firm
d. remain unified
e. endure the strike
A
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If skilled labor is ___ unskilled labor, then an influx of unskilled immigrants could ____ the demand for skilled labor
a. a substitute for; raise b. a complement to; raise c. a complement to; lower d. a complement to; substitute.
Seller A, has an upward-sloping supply curve, and is willing to supply 400 units of a commodity at a price of $5 per unit. Seller A is now willing to supply 500 units at a price of $5 per unit. Evidently, seller A has experienced a(n):
a. increase in supply. b. decrease in supply. c. increase in quantity supplied. d. decrease in the quantity supplied. e. decrease in demand.