By mid-century, American workers benefited by state regulations providing for
a. a minimum wage in manufacturing.
b. pensions for long-term employees.
c. a ten-hour upper limit on the work day.
d. periodic breaks for workers during the work day.
e. All of the above.
c. a ten-hour upper limit on the work day.
Economics
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If the single restaurant in an Eastern Kentucky town is currently charging a price for its ham and eggs where the demand is unit elastic, its marginal revenue for ham and eggs is
A) negative. B) positive. C) zero. D) maximized. E) undefined.
Economics
Which of the following statements is true of free riding?
A) Free riding is easy to detect and punish. B) Free riding reduces with social pressure. C) Free riding is not affected by incentives. D) Free riding does not impose a cost on society.
Economics