--%>

Problem on Fair labor standards act

Can someone please help me in finding out the accurate answer from the following question. The Fair Labor Standards Act initially: (1) Was performed in the year 1858. (2) Outlawed minimum salaries. (3) Established a low minimum salary in a limited number of divisions in the economy. (4) Made communal bargaining illegal. (5) Forbade the employers to substitute union workers who went on the strike.

   Related Questions in Microeconomics

  • Q : Consuming a grouping of goods problem A

    A household utmost it’s utility by consuming a grouping of goods which exhausts income when, for each and every good, the: (i) Marginal utilities are equivalent. (ii) Prices are equivalent. (iii) Ratios of marginal utility or price are equivalen

  • Q : Problem on Categories of Goods I have a

    I have a problem in economics on Problem on Categories of Goods. Please help me in the following question. The produced tangible good is termed as a: (i) Consumable. (ii) Service. (iii) Commodity. (iv) Utility. Sel

  • Q : Monopsonistic exploitation-labor union

    The labor union contracts, a comparable worth rule, or minimum salary laws might boost up equilibrium employment when a firm has been practicing: (i) Price discrimination. (ii) Monopolistic exploitation. (iii) Feather-bedding. (iv) Blacklisting. (v) Monopsonistic expl

  • Q : Advantage of a partnership over

    Can someone help me in finding out the right answer from the given options. One of the advantages of a partnership over proprietorship is: (i) In a partnership just one partner is liable for the debt. (ii) Partnerships permit for more specialization in the management.

  • Q : Least consistent demand curve with

    The demand curve which is least consistent along with the existence of a substitution consequence is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Law of equal marginal advantage to

    I have a problem in economics on Law of equal marginal advantage to consumer behavior. Please help me in the following question. Pertaining the law of equal marginal benefits to consumer behavior outcomes the principle of: (i) Diminishing the marginal utility. (ii) Ov

  • Q : Complication in accusation of predatory

    An accusation of predatory pricing is complicated to prove within a court of law since: (w) firms generally have too much power. (x) consumers and juries like the low prices and are less likely to fine a firm for lowering price. (y) predatory behavior

  • Q : Relatively inelasticity in supply curve

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

    Q : Legal barriers to entry in a market

    Governmentally-imposed obstacles to the entrance of new firms within a market are termed as: (1) regulatory barriers or legal barriers to entry. (2) strategic barriers to entry. (3) natural barriers to entry. (4) tax barriers to entry. (5) revenue blockades.

  • Q : Labor Unions Strikes-Limiting the

    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