When all workers in the garment industry organized together, this was
a. illegal
b. a goal of the AFL
c. not helpful to less-skilled workers
d. a craft union
e. an industrial union
E
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In the above figure, suppose that the government sets a limit that may be produced of 10 units of output and the price rises to $4. The total deadweight loss would be
A) $0. B) $10. C) $15. D) $20.
Especially in terms of retail properties, which of the following attributes is considered the most likely to result in drastic value differences between otherwise similar properties?
A. Structural attributes B. Financing attributes C. Location attributes D. Land attributes
The tax burden will fall most heavily on buyers of the good when the demand curve
a. is relatively steep, and the supply curve is relatively flat. b. is relatively flat, and the supply curve is relatively steep. c. and the supply curve are both relatively flat. d. and the supply curve are both relatively steep.
Which of the following is a price floor?
A. a freeze on upward-moving gasoline prices B. rent controls C. minimum wage rates D. college tuition caps