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According to the article "What's Behind Union Decline" by Alejandro Reuss, what is one factor causing unionization rates to fall in the US? Suppose the state of Colorado is considering implementing a law to try to reverse this trend by encouraging workers to join labor unions. Using the same critical thinking as in the article, carefully explain why competitive firms would likely oppose this law and why workers would likely support it. Drawing on the article, what is one way in which, if the law were passed, firms might try to keep unionization rates low?
What are the economic and political arguments for regional economic integration? Given these arguments, why don't we see more integration in the world economy?
when given 5 costs also quantities over 5 months also asked for the arc cost elasticity of demand.
______Companies that have flat organizations tend also to have
Which of the following is NOT true about a differentiated-product Bertrand duopoly?
An office building should last 60 years, but this owner will sell it at 20 years for 40% of its construction cost. For the first 20 years it can be leased as Class A space, which is all this owner operates. When the building is sold, the land’s cost ..
Assume a competitive industry in long-run equilibrium. The industry exhibits increasing costs. All the workers in the industry earn the minimum wage. Suppose the minimum wage is increased by 15%. What is the short-run response of the industry and the..
Review the WSJ video on business sources outsourcing (BPO) and conduct a brief search for updated information.
"Suppose we have an agricultural valley 100km by 50km, with a polluting electricity power plant. The power plant causes pollution problems on a narrow strip of land downwind of the plant, and within this valley 10km in length and 500 m in width, but ..
A 0.20-kg metal sphere oscillates at the end of a vertical spring.As the spring stretches from 0.13 to 0.21 m (relative to itsunstrained length), the speed of the sphere decreases from 5.3 to4.6 m/s. What is the spring constant of the spring?
Explain the origin and dynamics of the currency crises in Mexico in 1994-95 and in Asia in 1997-98. What lessons can we learn from these crises?
Complete the following table with the quantity of labor supplied and demanded if the wage is set at $9.00. Then indicate whether this wage will results in a shortage or a surplus. Hint: Be sure to pay attention to the units used on the graph and in t..
In a recession, consumers have less income to spend. As a result, if dining out is a normal good, then which of the following would happen to the demand curve for dining out?
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