The impact of a strike is limited to the ability of the union to
A) prevent replacement workers from continuing their work.
B) lower its wage demands of non-union members.
C) control the pension fund.
D) none of the above.
A
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The three broad reasons for saving, as identified by economists, relate to:
A. the life-cycle, precaution, and bequests. B. national, public, and private production. C. capital gains, capital losses, and deficits. D. consumption, investment, and exports.
"If the price of crude oil falls, the demand for gasoline will increase, so people will by more gas and the price of gas will go u
What will be an ideal response?
Big Waves is a large water park. Suppose the individual demand for entrance into Big Waves is Qd = 50 - (2 × P) and each consumer has the same demand. Big Waves has a constant marginal cost of $5 per consumer. If Big Waves practices two-part pricing and requires a membership fee and then a separate entrance fee, what is the profit-maximizing entrance fee?
A) $200 B) $10 C) $5 D) $50
When exchange rates are ________, we say that the country's exchange rate is fixed
A) determined in the market B) set by a country's central bank C) determined by supply and demand D) relatively stable