Business, 22.07.2019 22:30 jay9251

Which of the following is not correct? a. like any cartel, a union is a group of sellers acting together in the hope of exerting their joint market power. b. when a union is present in a labor market, wages are not determined by the equilibrium of supply and demand. c. most workers in the u. s. economy are not members of a union. d. the process by which unions and firms agree on the terms of employment is called a strike.

Answers: 3

Show answers

Answers

The following statement which is not correct is D) process by which unions and firms agree on the terms of employment is called a strike.

Explanation:

Yes union are like any cartel, in fact they act as legal labor cartel, who are trying to control labor supply in an industry because they want to drive up the wages and it won't be wrong to say if they're present in the market , the wages won't be determined by the equilibrium of supply and demand.

Yes it is true that these labor cartels are able to provide benefits to their members but at the cost of other workers and society , expanding this union is not beneficial for middle class and that's why you will find that most workers in US economy are not members of a union.

A strike is a situation when union refuses to work because they want employers to increase the wages of labors .

Answer from: ieyaalzhraa

d. The process by which unions and firms agree on the terms of employment is called a strike

Explanation:

Which of the following is not correct? a. Like any cartel, a union is a group of sellers acting together in the hope of exerting their joint market power. b. When a union is present in a labor market, wages are not determined by the equilibrium of supply and demand. c. Most workers in the U.S. economy are not members of a union. d. The process by which unions and firms agree on the terms of employment is called a strike

A. union is a group of sellers acting together in the hope of exerting their joint market power. which is absolutely true.

-b Union usually determine fluctuations in prices not demand and supply

d is incorrect The process by which unions and firms agree on the terms of employment is called collective bargaining, in which there is a dialogue between the two parties and a concensor is arrived at

Answer from: Quest

Do you have a picture?

Answer from: Quest

$1,240 is the answer! ~ hope i !

Another question on Business

Business, 21.06.2019 23:30

Acompany is developing a new highperformance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Answers: 2

Answer

Business, 22.06.2019 03:00

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Answers: 2

Answer

Business, 22.06.2019 11:30

Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600

Answers: 3

Answer

Business, 22.06.2019 16:40

Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.

Answers: 1

Answer

You know the right answer?

Which of the following is not correct? a. like any cartel, a union is a group of sellers acting tog...

Questions