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Anton [14]
3 years ago
8

Why were US workers against the ratification of the North American Free Trade Agreement (NAFTA) in 1992?

Business
2 answers:
ankoles [38]3 years ago
5 0
They were against NAFTA because they were worried that their employers would have more business, creating a labor shortage. 
horsena [70]3 years ago
3 0
<span>It was perceived by many (such as myself) as having the ultimate result of devaluing the American dollar.<span>
</span></span>
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Assume that the labor market for barbers is competitive and that it is differentiated into two groups:
ehidna [41]

Answer and Explanation:

I will go through each and every option explaining the reasons and what option would be the best:

The (a) part says 'difference in wages will eventually disappear since a haircut is a homogeneous good' - This is not true because even though it is an homogeneous product, some customers do have a strong preference for barbers who are not going bald. Therefore, they know their worth and they would want to capitalize on that and get paid just a bit more than bald barbers.

The (b) part says 'barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers who have a strong preference for barbers with hair'. - If the barbershop charges higher price for barbers that have hair then the customers will prefer bald barbers as the questions mentions that there is high competition and since it is an homogeneous, customers would be willing to save money and get their haircut from some other barber.

The (c) part says 'barbershops that hire bald barbers will always be much more profitable' - Not necessarily. The reason is that some customers have a strong preference for barbers who are not bald and therefore, that would help barbershops who have barbers with hair to be a bit more profitable as some additional customers would want their services.

The (d) part says 'barbershops that hire barbers with hair will always be much more profitable' - This is the best option and the reason for it is because some customers have a strong preference for barbers with hair and that would help the barbershop to earn more. They would have the customers who already indifferent to whoever cuts their hair and in addition to that, they would also have the customers who have their preference.

Hence the answer is D.

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3 years ago
Health/career exploration, need help
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The answer to your questin is THE 4TH ONE Please mark as brainlest if helps
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The need to balance practice effects in the repeated measures design is analogous to the need to balance ________ in the indepen
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3 years ago
value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the mi
zhenek [66]

Answer: par value

Explanation:

The __________ value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the minimum legal capital, which refers to the least amount that the buyers of stock must contribute or be subject to paying at future dates.

Answer

Par value of stock

Par value for a share refers to the stock value stated in the corporate charter.

6 0
3 years ago
If, at a good's current price, the quantity demanded is 2,000 units and the quantity
8090 [49]

Answer:

C.

Explanation:

Because there is more demand with this good, the current price projects how the sellers are reacting to the market. If there is a shortage of goods being supplied to a market then this means that the sellers price is too high because more people (who arent willing to pay for it for so much) are wanting the product.

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