External link to Question : 1.Whichofthefollowingisnotcorrect? a.Aunionisaworkerassociationthatbargainswithemployersoverwages,benefits,andworkingconditions. b.UnionsplayamuchlargerroleintheU.S.labormarketnowthantheyd : 1261984

Question : 1.Whichofthefollowingisnotcorrect? a.Aunionisaworkerassociationthatbargainswithemployersoverwages,benefits,andworkingconditions. b.UnionsplayamuchlargerroleintheU.S.labormarketnowthantheyd : 1261984

  1.Whichofthefollowingisnotcorrect? a.Aunionisaworkerassociationthatbargainswithemployersoverwages,benefits,andworkingconditions. b.UnionsplayamuchlargerroleintheU.S.labormarketnowthantheydidinthepast. c.UnionsplayalargeroleinmanyEuropeancountries. d.Aunionisatypeofcartel. 2.Whichofthefollowingiscorrect? a.UnionmembershipintheUnitedStatespeakedinthe1940sand1950s. b.UnionsplayalargerroleintheUnitedStatesthaninEuropeancountriessuchasBelgium,France,andGermany. c.Becauseofthepopularityofunions,mostworkersintheUnitedStatesdiscusstheirwages,benefits,andworkingconditionswiththeiremployersasagroup. d.CollectivebargainingistheprocessbywhichunionsnegotiatemembershipdueswiththeNationalLaborRelationsBoard. 3.InBelgium,Norway,andSweden,thepercentageofworkerswhobelongtounionsis a.almostzero. b.lessthanitisintheUnitedStates. c.aboutthesameasitisintheUnitedStates. d.greaterthanitisintheUnitedStates. 4.Sincethe1940’sU.S.unionmembershiphas a.fallen.Thisdeclineshouldhavereducedstructuralunemployment. b.fallen.Thisdeclineshouldnothavereducedstructuralunemployment. c.risen.Thisincreaseshouldhaveraisedstructuralunemployment. d.risen.Thisincreaseshouldnothaveraisedstructuralunemployment. 5.Laborunions a.raisewagesinunionizedindustries. b.createlaborshortagesinnon-unionizedindustries. c.playalargerroleinthecurrentU.S.economythaninEuropeancountriessuchasNorwayandSweden. d.prefertooperateinstateswithright-to-worklaws. 6.Laborunions a.prefertooperateinstateswithright-to-worklaws. b.aresimilartocartels. c.playalargerroleinthecurrentU.S.economythaninEuropeancountriessuchasNorwayandSweden. d.attractamembershipofabout25percentofcurrentU.S.workers. 7.Samhasnojobbutkeepsapplyingtogetajobwithabusinessthatisunionized.Heisqualifiedandhefindsthepayattractive,butthefirmisnothiring.Sam is a.structurallyunemployed.Structuralunemploymentexistseveninthelongrun. b.structurallyunemployed.Structuralunemploymentdoesnotexistinthelongrun. c.frictionallyunemployed.Frictionalunemploymentexistseveninthelongrun. d.frictionallyunemployed.Frictionalunemploymentdoesnotexistinthelongrun. 8.Whichofthefollowingisnotcorrect? a.Whenaunionispresentinalabormarket,wagesarenotdeterminedbytheequilibriumofsupplyanddemand. b.Likeanycartel,aunionisagroupofsellersactingtogetherinthehopeofexertingtheirjointmarketpower. c.Theprocessbywhichunionsandfirmsagreeonthetermsofemploymentiscalledastrike. d.MostworkersintheU.S.economyarenotmembersofaunion. 9.Whichofthefollowingisnotcorrect? a.Whenaunionispresentinalabormarket,wagesaredeterminedbytheequilibriumofsupplyanddemand. b.Likeanycartel,aunionisagroupofsellersactingtogetherinthehopeofexertingtheirjointmarketpower. c.Theprocessbywhichunionsandfirmsagreeonthetermsofemploymentiscalledcollectivebargaining. d.MostworkersintheU.S.economyarenotmembersofaunion. 10.Whichofthefollowingisnotcorrect? a.Whenaunionispresentinalabormarket,wagesmaynotbedeterminedbytheequilibriumofsupplyanddemand. b.Likeanycartel,aunionisagroupofsellersactingtogetherinthehopeofexertingtheirjointmarketpower. c.Whenunionsraisewagesaboveequilibrium,thequantityoflaborsupplieddecreases,andthequantityoflabordemandedincreases. d.MostworkersintheU.S.economyarenotmembersofaunion.    

External link to Question : 31) The marginal cost incurred by the entire society to : 1226054

Question : 31) The marginal cost incurred by the entire society to : 1226054

    31) The marginal cost incurred by the entire society to produce a good or service is the A) marginal external cost. B) marginal private cost. C) marginal social cost. D) marginal social benefit. E) marginal private benefit.   32) Marginal social cost is equal to A) the amount people who buy a product pay for another unit. B) whatever producers have to pay […]

External link to Question : Figure 15-11 In 2011, Verizon was granted permission to enter the : 1387916

Question : Figure 15-11 In 2011, Verizon was granted permission to enter the : 1387916

  Figure 15-11     In 2011, Verizon was granted permission to enter the market for cable TV in Upstate New York, ending the virtual monopoly that Time Warner Cable had in most local communities in the region. Figure 15-11 shows the cable television market in Upstate New York.   20) Refer to Figure 15-11.  Suppose the local government imposes a $2.50 per month tax […]

External link to Question : 11.Which of the following NOT one of the four segments : 1362025

Question : 11.Which of the following NOT one of the four segments : 1362025

  11.Which of the following is NOT one of the four segments of the strategic response framework? a.Accommodativec.Interactive b.Proactived.Defensive 12.Which of the following best describes a firm taking a reactive strategy regarding CSR? a.The firm focuses most on following regulations. b.Nothing disastrous is happening in the industry, so social issues are not a concern of the firm. c.The firm constantly anticipates responsibility and endeavors to […]

External link to Question : 66. Quality Products produces and sells screen-printed t-shirts to local organizations. : 1295622

Question : 66. Quality Products produces and sells screen-printed t-shirts to local organizations. : 1295622

  66. Quality Products produces and sells screen-printed t-shirts to local organizations. The normal sales price per shirt is $12. Due to setup costs, they only accept orders of at least 100 shirts. The setup cost per order is $40 and the variable costs per shirt are $3. Fixed overhead costs per month total $2,000. Quality Products has the capacity to screen-print as many as 5,000 […]

External link to Question : 11) Suppose that there only two types of used cars, : 1241104

Question : 11) Suppose that there only two types of used cars, : 1241104

    11) Suppose that there are only two types of used cars, peaches and lemons. Peaches are worth $10,000 and lemons are worth $4,000. Without effective signals such as warranties, the owners of peaches cannot sell their cars for $10,000 because the A) owners of peaches cannot convince buyers that their cars are worth $10,000. B) buyers cannot convince owners of peaches to sell […]

External link to Question : 71) As a result of OPEC ________ oil prices in : 1227903

Question : 71) As a result of OPEC ________ oil prices in : 1227903

    71) As a result of OPEC ________ oil prices in 1973 and 1980, real GDP in United States ________. A) increasing; increased B) increasing; decreased C) decreasing; increased D) decreasing; decreased E) increasing; did not change   72) Oil price hikes A) increase aggregate supply. B) decrease aggregate supply. C) increase aggregate demand. D) decrease aggregate demand. E) increase potential GDP.   73) […]

External link to Question : 18.4   Income Distribution and Poverty 1) What the United States government’s : 1388035

Question : 18.4   Income Distribution and Poverty 1) What the United States government’s : 1388035

    18.4   Income Distribution and Poverty   1) What is the United States government’s formal definition of the poverty line? A) It is a level of annual income equal to total income in society divided by the population, adjusted for a family of four. B) It is a level of annual income equal to the amount of money necessary to purchase the minimal quantity […]

External link to Question : 31) A marketer of fine French cognac offers fancy cigar : 1353463

Question : 31) A marketer of fine French cognac offers fancy cigar : 1353463

  31) A marketer of fine French cognac offers fancy cigar ashtrays as prizes to consumers who correctly solve a crossword puzzle. Which of the following most accurately describes this offer? A) price promotion B) non-price promotion C) trade sales promotion D) sweepstakes promotion E) sampling 32) Which of the following is not an advantage of using sales promotions? A) provides a tangible incentive to […]

External link to Question : 7.1   Price Ceilings 1) A price ceiling A) an illegal price. B) the : 1239122

Question : 7.1   Price Ceilings 1) A price ceiling A) an illegal price. B) the : 1239122

  7.1   Price Ceilings 1) A price ceiling A) is an illegal price. B) is the price that exists in a black market. C) is the maximum price that can legally be charged. D) Both answers A and B are correct. E) Both answers B and C are correct. 2) A price ceiling is A) a maximum legal price. B) a minimum legal price. C) […]

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