If unions are successful at increasing union wages, it will
a. increase wages and employment in the union sector
b. increase wages and decrease employment in the union sector.
c. increase wages and employment in the non-union sector.
d. increase wages and decrease employment in the non-union sector.
b
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Taxes that create an excess burden are bad.
A. True B. False C. Uncertain
Increasing concentration always means an industry has become effectively monopolized
a. True b. False Indicate whether the statement is true or false
Businesses need to direct their product marketing strategies to the individuals most likely to purchase it. Often marketing managers examine potential markets for their possible effects on the firm's sales, costs, and profits. Which of the following is the designation given for the group to which marketing managers direct the focus of their marketing efforts for a product?
a. Potential market b. Mixed market c. Target market d. Market segment
If labor productivity increases
A) labor costs rise by equal increments. B) the demand for labor increases. C) some workers will be laid off. D) jobs will relocate.