Why firms in industries with high fixed costs be inclined


Problem

1. (The Strike) Why might firms in industries with high fixed costs be inclined to prevent strikes or end strikes quickly?

2. (Industrial Unions) Why are unions more effective at raising wages in oligopolistic industries than in competitive industries?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why firms in industries with high fixed costs be inclined
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