According to the mainstream economics school of thought, unions act like _____________________ because they control the supply of labor and set wages at levels that are artificially high.
Fill in the blank(s) with the appropriate word(s).
monopolies
You might also like to view...
The total amount of physical capital in all firms and households is called the
A. human capital. B. capital stock. C. household income. D. physical product.
The Assembling Department of Origination Inc. had 10,000 units in process on December 1 and received 30,000 units from the Sewing Department. During the month, it completed 20,000 units and transferred them to the Packaging Department. Calculate the number of units accounted for by the Assembling Department for December.
Prepare the production cost report for the Assembling Department for the units for the month of December. Use the FIFO method.
Although employees are granted the rights to purchase shares at a stated price, these rights cannot be traded
Indicate whether the statement is true or false
Shaggy agreed to buy Fred's golf clubs by sending him a letter in the mail accepting Fred's offer. Shaggy did not have any knowledge of Fred revoking his offer before he accepted the offer. Based on these facts, Shaggy's acceptance took effect upon ___________ under the mail-box rule.
a. dispatch b. receipt c. rejection d. revocation