Monopsonistic exploitation-Labor union

Can someone please help me in finding out the accurate answer from the following question. Labor union contracts, a comparable significance rule, or minimum wage laws might boost equilibrium employment when a firm has been practicing: (i) Blacklisting. (ii) Monopolistic exploitation. (iii) Price discrimination. (iv) Featherbedding.

View Complete Question

Related Questions in Microeconomics

Q : Elastic industry What industry is

What industry is perfectly elastic that is not agriculture?

Q : Demand rises for relatively price

Alyssa’s Floral Shoppe dropped its prices for a dozen roses by $45 to $35 this annum. Due to this decrease into price, the quantity sold increased from 1000 to 1500. The demand for Alyssa’s rises is: (1) perfectly price elastic. (2) relati

Q : Negative marginal utility The economic

The economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Sellers experience the moral hazard. (2) Marginal returns are diminishing. (3) Marginal utility is negative. (4) Buyers suffer from adverse choice. (5) Extreme cho

Q : Competitive Markets and Labor unions I

I have a problem in economics on Competitive Markets-Labor unions. Please help me in the following question. The purely competitive labor markets are not characterized through: (1) Most of the individual buyers and sellers of the labor services. (2) S

Q : Effect of reducing prices on

Can someone help me in finding out the accurate answer from the given options. People tend to recognize more ways to employ a good if the: (1) The prices of substitute goods drop. (2) Good is poorer and their incomes increase. (3) Complements of good become more costl

Q : Features of oligopoly Features of

Features of oligopoly: Following are some principal features of oligopoly : A) A few firmsB) High degree of interdependence.C) Non-price competition.D) Entry barriers.E) Formation of cartels

Q : Nonrivalry and nonexcludability Select

Select the right ans wer of the question.Nonrivalry and nonexcludability are the main characteristics of: A) capital goods. B) private goods. C) public goods. D) consumption goods.

Q : Labor Contracts-Shop Agreements From

From the point of view of management, the favored union membership ranking (most favored to the 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, clos

Q : Initial point to identify maximizing

Nostalgia Corporation has controlled to lock-up the rights to each black-and-white film ever made, as well as the response to its infomercials has been astounding. The initial point Nostalgia requirement to identify in its quest to maximize profit is:

Q : Economies of scale in natural monopoly

Economies of scale which are substantial relative to market demand result within the market evolving to a: (w) contestable market. (x) collusive oligopoly. (y) natural monopoly. (z) "high tech" industry.

Discover Q & A

Leading Solution Library

Avail More Than 1420249 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958808
Asked

3,689

Active Tutors

1420249

Questions
Answered

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

Submit Assignment