Labor Unions Strikes-Limiting the Supply of Labor

Can someone please help me in finding out the accurate answer from the following question. The word regular unionized employees apply to non-union workers who get jobs with firms whenever the unionized employees strike for maximum wages and enhanced working conditions is: (1) Class traitors. (2) Hoboes. (3) Scabs. (4) Ignoramuses. (5) Bindle stiffs.

View Complete Question

Related Questions in Microeconomics

Q : What is the meaning of ex-ante savings

Meaning of ex-ante savings: Ex-ante savings are expected savings or planned savings.

Q : Income Distribution and Satisfaction

The proposition which taxing the rich to provide to the poor improves social welfare can’t be proved due to the impossibility of: (1) developing a political consensus about efficient redistribution programs. (2) the marginal utility of income di

Q : Definition of Economic Profit To assert

To assert that a firm made exactly zero economic profits as well signifies that it made: (i) Zero accounting profits. (ii) Normal economic profits. (iii) Negative accounting profits. (iv) No profits at all. Choose the right answer

Q : Problem on adjustments in Income Effect

Whenever your purchasing power drops as the price of a good you purchase increases, you make adjustments as of the: (1) Marginal utility effect. (2) Price level effect. (3) Income effect. (4) Consumer excess effect. Choose the righ

Q : Discourage the formation of oligopolies

A factor tending to discourage the formation of huge oligopolies in the past two or three decades would be: (w) vigorous enforcement of anti merger laws. (x) technological advances which tended to favor smaller companies. (y) computerized internal inf

Q : Question on supply-and-demand diagrams

Normal 0 false false

Q : Define Calendar Anomaly Calendar

Calendar Anomaly: Calendar anomalies can be defined as any irregularity or consistent pattern occurring at a regular interval or at a specific time in calendar year. Presence of these anomalies in a calendar year is the biggest threat to the concept o

Q : Interest rates on financial instruments

Interest rates on specified financial instruments tend to be lower the: (1) shorter the period to maturity. (2) greater the risk of default. (3) less liquid is the asset. (4) greater the expected rate of inflation. (5) greater the face value is relati

Q : Implicit Costs-Value of time

Congratulations! You have made a fortune after establishing the firm which publishes bestselling books of the economic poetry. Your implicit costs comprise: (1) Salaries for your firm’s website designer. (2) The value of your time. (3) Fees for cleaning the serv

Q : Relatively elasticity in supply curve

At point a, in below figure the supply curve into this graph: (w) perfectly elastic. (x) relatively elastic. (y) unitarily elastic. (z) relatively inelastic.

Discover Q & A

Leading Solution Library

Avail More Than 1427394 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1942085
Asked

3,689

Active Tutors

1427394

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment