Problem regarding Craft Unions

Can someone help me in finding out the right answer from the given options. The craft unions historically tried to systematize all the workers in: (1) A specific company, in spite of size. (2) The United States. (3) The specific broad industry. (4) Relatively highly skilled profession.

Choose the right answer from the above options.

View Complete Question

Related Questions in Microeconomics

Q : Opportunity costs in different prices

While a firm is NOT able of price discrimination: (w) various prices are charged for units of remotely related goods. (x) only opportunity costs are reflected in various prices for units of similar good. (y) any short term profit stimulates long run l

Q : Less equally distribution of wealth In

In the United States, wealth appears to be: (1) more equitably distributed than income tax burdens. (2) less equally distributed than income. (3) distributed much more equally than in communist countries. (4) weak in generating income for wealthy indi

Q : Price and output combination by demand

Not like a purely competitive firm, here a profit-maximizing monopolist can: (w) charge any price it finds advantageous and be assured of selling all this produces. (x) select a price and output combination by a downward-sloping demand curve. (y) spen

Q : Slopes of demand and supply curves The

The slopes of demand and supply curves are frequently: (w) misleading as guides to price elasticities. (x) independent of the units measuring changes in price and quantity. (y) highly dependent upon each other. (z) used to forecast changing consumer t

Q : Characteristics of purely competitive

Characteristics of purely competitive markets do not comprise: (w) homogeneous products. (x) large numbers of potential buyers. (y) large numbers of potential sellers. (z) the capability of sellers to set prices. I

Q : Income floor by marginal tax rate A

A marginal tax rate of 75 percent and an income floor of ____ give in a break-even level of income of $8,000. (w) $2,000. (x) $4,000. (y) $6,000. (z) $16,000. Hello guys I want you

Q : Annual total revenue when profit

When Nostalgia Corporation maximizes profit in its production of Silver Screen DVDs, in that case its annual total revenue will be roughly: (i) $40 million. (ii) $60 million. (iii) $80 million. (iv) $100 million. (v) $120 million.

Q : Sufficient general theory of oligopoly

A sufficient general theory of oligopoly would: (w) merely blend elements from competitive and monopolistic models. (x) qualitatively account for interdependence in decision making in broad terms. (y) closely fit all types of oligopoly markets. (z) de

Q : Compute price elasticity At price of

At price of Rs. 20 the unit quantity demanded is 300 units. Its price downs by 10% its quantity demanded rises by 60 units. Compute price elasticity. Answer: <

Q : Absolute and Complete Inequality

Absolute and complete inequality into the distribution of income or wealth would be reflected within the Lorenz curve demonstrated as: (i) line 0A0'. (ii) line 0B0'. (iii) line 0C0'. (iv) line 0D0'. (v) line 0F0'.

Discover Q & A

Leading Solution Library

Avail More Than 1454048 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1936983
Asked

3,689

Active Tutors

1454048

Questions
Answered

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

Submit Assignment