A boycott of products sold by companies that are dealing with a company whose workers are on strike is a

A) jurisdictional dispute.
B) sympathy strike.
C) right-to-boycott law.
D) secondary boycott.


D

Economics

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The prisoner's dilemma is a game of strategy:

A. in which people make rational choices that lead to a less-than-ideal result for all. B. in which people make rational choices that lead to the ideal result for all. C. that leads everyone to be as well off as possible without making another worse off. D. that leads people to make irrational choices that lead to the ideal result for all.

Economics

The marginal cost curve intersects the average fixed cost curve at the minimum point of the average fixed cost curve.

Answer the following statement true (T) or false (F)

Economics

Aggregate demand in the economy is equal to

A) Consumption, investment and government spending. B) Consumption, investment and net exports. C) Full employment output. D) None of the above.

Economics

In Figure 5.7, assuming perfect competition, which price is associated with profit being exactly normal? 

A. MR1  B. MR2  C. MR3  D. MR4

Economics