--%>
Assignment Help - homework help

Labor Contracts and Shop Agreements

From the point of view of management, the favored union membership ranking (that is, most favored to least favored) would be: (i) Closed shop, union shop, agency shop and open shop. (ii) Open shop, agency shop, union shop and closed shop. (iii) Agency shop, open shop, closed shop and union shop. (iv) Open shop, agency shop, closed shop and union shop.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Inadequate competition or lack of

    A firm’s capability to alter the price of its output due to inadequate competition or a lack of perfect substitutes for its products is an illustration of: (i) adverse selection. (ii) simple game theory. (iii) X-inefficiency. (iv) strategic behavior. (v) market

    		•
  • Q : Nominal interest rates in market

    Nominal interest rates are most largely and directly determined within markets for: (1) loanable funds. (2) newly issued stock. (3) foreign exchange. (4) securitized assets. (5) long term government bonds. Please c

    		•
  • Q : Distribution of income-inequitable

    Reliance on private demands and supplies to allocate resources and goods is least specific to yield an economically inefficient solution when: (i) producers have significant monopoly power. (ii) a good is nonrival and

    		•
  • Q : Coefficient of cross-elasticity of

    When a price hike from $15 to $20 for DVD disks causes sales of DVD players to reduce from 100 to 50 units, in that case the coefficient of cross-elasticity of demand among these goods is approximately: (w) 1/10. (x)  10. (y)  7/3. (z) 

    		•
  • Q : Net revenue when price is given In the

    In the diagram shown below, net revenue is maximum for Pixie’s cheesy fried grits at a price of: (1) P1. (2) P2. (3) P3. (4) P4. 1466_8.jpg

    		•
  • Q : Basic definition of Production I have a

    I have a problem in economics on Basic definition of Production. Please help me in the following question. Production is the process in which: (i) Technology and human knowledge are utilized to apply energy to convert materials to make them more preci

    		•
  • Q : Features of Monopoly Features of

    Features of Monopoly: A) A Single seller B) No close replacement available. C) No freedom for entry of new firms. D) Possibility of price discrimination.

    		•
  • Q : Maximum possible total revenue by sales

    Maximum possible total revenue by sales of the especially popular St. Valentine’s Day software is about: (i) $140 million. (ii) $250 million. (iii) $350 million. (iv) $420 million. (v) $1 billion.

    Q : Oligopoly in market structure Unlike a

    Unlike a monopolistically competitive firm, which an oligopoly is described by: (w) product differentiation. (x) extensive use of advertising. (y) conscious interdependence in decisionmaking by firms. (z) independence among firms.

    Q : Increase total revenue at a diminishing

    When a monopolist increases output along with elastic demand, then total revenue: (w) increases at a constant rate. (x) increases at an increasing rate. (y) increases at a diminishing rate. (z) All of the above are possible.