A union can induce a rise in equilibrium wages in a unionized industry by
A. successfully increasing the demand for union labor.
B. successfully decreasing the demand for union labor.
C. reducing the marginal revenue product of labor to zero.
D. reducing the marginal revenue product of firms employing union labor.
Answer: A
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The degree to which the public believes the central bank's announcements about future policy is its
A) reputation. B) transparency. C) openness. D) credibility.
The initial dollars spent to eliminate pollution are most likely ______.
a. all that are needed b. completely wasted c. the least efficient d. the most efficient
Which type of business has the least government rules and regulations affecting it?
A) sole proprietorship B) partnership C) corporation D) They all have the same set of rules and regulations affecting them.