Which statement is true?
A. Most jobs in the U.S. are exportable.
B. Once a firm and a union enter collective bargaining sessions, a collective bargaining agreement will be reached every time.
C. The ultimate weapon of management in collective bargaining is the ability to take a strike.
D. The collective bargaining agreement is confined to wages and hours.
C. The ultimate weapon of management in collective bargaining is the ability to take a strike.
You might also like to view...
Traditionally, the Federal Reserve can give emergency loans only to
A. manufacturing firms. B. securities firms. C. commercial banks. D. investment banks.
The equilibrium price and quantity of a good under perfect competition are determined:
A) by the intersection of the market demand and total revenue curves. B) by the intersection of the total revenue and total cost curves. C) by the intersection of the market demand and market supply curves. D) by the intersection of the market supply and total revenue curves.
Occupational licensing is an example of an entry barrier that improves a country's standard of living
Indicate whether the statement is true or false
The manager of a perfectly competitive firm has to decide:
A) the quantity of output the firm should produce. B) the price the firm should charge for its output. C) the quantity of output the firm should produce and the price it should charge. D) neither the quantity of output the firm should produce nor the price it should charge because the market makes both of these decisions.