A union can achieve higher wages without accepting lower levels of employment of members by

A) striking.
B) increasing the productivity of its members.
C) increasing the amounts of imports.
D) increasing the difficulty of its apprenticeship program.

B

Economics

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Albro Martin (1971) argues that the Interstate Commerce Commission (1887–1995) was captured by its customers, not the railroad industrialists

Other researchers like Gabriel Kolko (1965) highlight the involvement of railroad industrialists in capturing this government agency to serve a cartel role, too. Indicate whether the statement is true or false

Economics

A contestable market is one in which prices are moderated by the

a. need to build an empire b. desire to maximize output c. noncompetitive nature of the market d. threat of potential entry e. regulations imposed by government

Economics