Which of the following best explains why productive workers can command high wages?
a. the bargaining power of labor unions.
b. the presence of minimum wage legislation.
c. wage and price controls that reflect the political power of labor organizations.
d. competition among employers for productive workers.
D
Economics
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Which of the following economies performed the worst between 1960 and 2011?
A) South Korea B) India C) Japan D) Taiwan
Economics
A cost center
a. Records total costs of production b. Is rewarded for increasing the costs of producing a specified output c. Is rewarded for decreasing the costs of producing a specified output d. None of the above
Economics