Consider an economy with two labor markets—one for manufacturing workers and one for service workers. suppose initially that neither is unionized.
a. if manufacturing workers formed a union, what impact would you predict on the wages and employment in manufacturing?
b. how would these changes in the manufacturing labor market affect the supply of labor in the market for service workers? what would happen to the equilibrium wage and employment in this labor market?
Answers: 1
Business, 21.06.2019 17:50, belmontes
When borrowers want funding to pay for different projects, they go to the loanable funds market and acquire funds through either indirect finance or direct finance. below, you are given five different scenarios. is each an example of direct finance or indirect finance?
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Business, 22.06.2019 13:10, littlemoneyh
The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?
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Business, 22.06.2019 19:00, sharri44
Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.
Answers: 2
Consider an economy with two labor markets—one for manufacturing workers and one for service workers...
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