Unions whose membership includes all workers in a particular product market, whether skilled or unskilled, are known as

a. craft unions
b. exclusive unions
c. national unions
d. regional unions
e. industrial unions

E

Economics

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Under what conditions might a monopoly lose money?

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Assume that voters are asked to vote for either more police protection or more schools in a community. More schools are likely to win if:

A. There is a paradox of voting B. Median voters prefer that choice C. Voters are ill-informed about the choice D. There is revealed preference through voting

Economics