Which of the following statements about featherbedding is correct?
A. It could increase production costs, resulting in higher prices for products.
B. The quantity of labor demanded by firms could actually decrease.
C. It could lead to a lower wage and smaller employment in the long run.
D. All of these
Answer: D
Economics
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A) Increasing; increasing B) Increasing; decreasing C) Decreasing; increasing D) Decreasing; decreasing
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Acquisition of an existing solar cell production plant would be considered
A) a greenfield investment. B) foreign direct investment. C) anti-competitive under antitrust law. D) Both A and B.
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