The rehiring of workers after they resigned from the union is the result of the pullman strike that the worker is describing.
The Pullman Strike was a railroad strike and boycott in United States history that severely disrupted rail service in the Midwestern United States in June and July 1894. The federal government's response to the riots was the first time an injunction was used to end a strike.
The Pullman Strike of 1894 was a massive strike by railroad workers against working conditions at the Pullman Palace Automobile Company. Workers protested wage cuts without the company cutting rent or other living expenses.
Reasons for the strike included the lack of democracy in the City of Pullman and its policies, the company's paternalistic control over workers, high water and gas prices, and the company's insistence that workers buy and own homes. It included a refusal. They hadn't formed a union yet.
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The marginal revenue of this monopolist's 11th unit of output is; $2.80
<h3>How to find the Marginal Revenue?</h3>
Marginal revenue is defined as the amount that you gained after selling all your units at a certain price.
Revenue is different from profit, because profit has to incorporate the expenses incurred in order to produce the product. For total revenue, that would just represent the total sales of a firm or company. However, marginal revenue is the additional cost a consumer has to pay when he acquires an additional unit of the product. Thus, marginal revenue is the change of sales per unit product.
Formula for Marginal Revenue is;
Marginal Revenue = ΔRevenue/ΔNumber of units
Thus;
Marginal Revenue = [11($4.80) - 10($5)]/(11 - 10)
Marginal Revenue = $2.8 per unit
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Answer:
x/ y = -2/ 3
Explanation:
we have:
3(x + y) = y
<em>distributing</em><em> </em><em>3</em><em> </em><em>within</em><em> </em><em>the</em><em> </em><em>parenthesis</em><em>:</em>
<em>=</em><em>></em><em> </em>3x + 3y = y
<em>taking y to the other side, changing its sign in the process</em>
=> 3x = y - 3y
=> 3x = y(1 - 3)
=> 3x = -2y
<em>you</em><em> </em><em>can</em><em> </em><em>represent</em><em> </em><em>any</em><em> </em><em>integer</em><em> </em><em>as</em><em> </em><em>a</em><em> </em><em>fraction</em><em> </em><em>by</em><em> </em><em>putting</em><em> </em><em>a</em><em> </em><em>"</em><em>1</em><em>"</em><em> </em><em>in</em><em> </em><em>the</em><em> </em><em>denominator</em>
<em>taking</em><em> </em><em>y</em><em> </em><em>to</em><em> </em><em>th</em><em>e</em><em> </em><em>denominator</em><em> </em><em>on</em><em> </em><em>the</em><em> </em><em>LHS</em><em> </em><em>and</em><em> </em><em>3</em><em> </em><em>to</em><em> </em><em>the</em><em> </em><em>denominator</em><em> </em><em>on</em><em> </em><em>the</em><em> </em><em>RHS</em>
that makes the ratio, x/y = -2/ 3
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