--%>

Wage differentials-union and nonunion workers

I have a problem in economics on Wage differentials-union and nonunion workers. Please help me in the following question. The wage differentials among union and nonunion workers encompass historically averaged roughly: (i) 10% to 15 %. (ii) 5% to 10%. (iii) 15% to 20%. (iv) 25% to 33 %. (v) 20% to 25%.

Select the most correct answer.

   Related Questions in Microeconomics

  • Q : Tax on a good tends to make The tax on

    The tax on a good tends to make: (i) Inflationary pressure the govt. can disperse by cutting its spending. (ii) The wedge among prices buyers pay and the prices sellers obtain. (iii) Rises in supply from the viewpoint of buyers. (iv) More quick transa

  • Q : Analytic time in the market period In

    In the market period: (w) price is constant. (x) output is constant. (y) supply is horizontal. (z) supply is completely elastic. Please guys help to solve this problem of Economics with some explan

  • Q : Problem on decline in demand function

    In the month of January, Disney World in Florida cut its ticket prices into half and starts letting all kids beneath age five without charge. The economic forecaster might reasonably expect: (1) A decline in demand for the tickets to Disney Land in California. (2) A r

  • Q : Formula for the marginal utility I have

    I have a problem in economics on Formula for the marginal utility. Please help me in the following question. The formula for marginal utility of good X is as: (1) MU = change in U/ change in X. (2) MU = U/X. (3) MU = U1 U2. (4) MU = change in X/change in U.

  • Q : Farm employment Over the past several

    Over the past several decades, farm employment has: A) grown absolutely, but declined as a percentage of total employment. B) declined both absolutely and as a percentage of total employment. C) increased both absolutely and as a percentage of total employment. D) dec

  • Q : Determine demands for relatively price

    When technological advances within agriculture generate bumper crops of farm products for that demands are relatively price inelastic, in that case the: (w) average income of farmers will decline relative to per capita income for the

  • Q : Optimization and Heuristics Can someone

    Can someone help me in finding out the right answer from the given options. No one can execute all the mental gymnastics essential to perfectly process information and hence all their decisions are mathematically optimal, therefore most of the people rely heavily on m

  • Q : Importance of study of the model of

    The study of the model of pure competition is very significant since this: (w) explains the behavior of most U.S. firms. (x) gives the underpinnings for supply and demand. (y) helps explain why government economic policy is essential. (z) gives a rati

  • Q : Break even and zero economic profit at

    Within the long run, after HoloIMAGine’s holographic technology patents lapsed moreover entry and exit became probable in this market, therefore HoloIMAGine would be expected to: (w) carry on to reap economic profits. (x) break even and experien

  • Q : Definition of Entrepreneurs I have a

    I have a problem in economics on Definition of Entrepreneurs. Please help me in the following question. Entrepreneurs are most excellently explained as the people who: (i) Market a product cheaper and faster. (ii) Open their own business. (iii) Rely on the commissions