--%>

Example of Featherbedding

Assume that no job vacancies exist for the taxidermists, which students lack any interest in taxidermy, and that taxidermy produces no externalities. When lobbyists persuaded college Boards of Trustees to need taxidermy courses and to establish Departments of Taxidermy staffed by Ph.D. taxidermists, this would be an illustration of: (1) job stuffing. (2) Featherbedding. (3) Yellow dogging. (4) Carpet bagging. (5) Goose-stepping.

What is the right answer?

   Related Questions in Microeconomics

  • Q : Illustration of Substitution Effect

    Sally is very rich that money hardly matters to her, although when the price of JIF chunky peanut butter doubled Sally switched to Peter Pan chunky peanut butter. This alters is an example of the: (1) Income effect. (2) Payback effect. (3) Substitution effect. (4) Pri

  • Q : Negative externalities in production

    Production which generates negative externalities: (w) would lead to underproduction and overpricing of goods. (x) increases producers’ costs of production. (y) increases consumers cost of purchasing the good. (z) would cause the market price of

  • Q : Barriers to entry in the long run

    Imperfectly competitive firms protected by important barriers to entry are as: (1) assured of positive accounting profits in the short run. (2) almost certain to succeed in collusively fixing prices at high levels. (3) assured of positive economic pro

  • Q : What will occur when government taxes a

    When the government taxes a good, the price consumers currently face is most probably: (w) higher than before the tax. (x) below the price the seller receives. (y) less than average production cost. (z) justified through welfare payments to taxpayers.

    Q : Most likely resources in short run I

    I have a problem in economics on most likely resources in short run. Please help me in the following question. The most probable of the given resources to be fixed for the farmer in short run would be: (1) Land. (2) Labor. (3) Fertilizer. (4) All the above would be of

  • Q : Managerial Economics-Error of omission

    Can someone please help me in finding out the precise answer from the following question. The ‘error of omission’ takes place when: (1) Managers pursue policies which outcome in layoffs. (2) Corporations vend more stock than is really available. (3) Manage

  • 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 : Total revenue of monopolistically

    A particular monopolistically competitive firm’s total revenue is probably to increase when this: (w) increases the prices of its products and consumer demand is elastic. (x) maintains its original price even if all of its compe

  • Q : Definition of Industry I have a problem

    I have a problem in economics on Definition of Industry. Please help me in the following question. The industry is stated as: (1) Each and every firm producing all final services and goods. (2) Each and every firm producing the similar product. (3) Th

  • Q : Inconsistent of demand with standard

    The curve which is so inconsistent along with standard consumer theory which is based only on the substitution result, this could not possibly be a demand curve for any standard kind of consumer good is: (1) curve D1D1. (2) curve