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navik [9.2K]
3 years ago
10

_____ represent the interests of union members in their relations with their immediate supervisor and other members of managemen

t.
Business
1 answer:
Pavel [41]3 years ago
6 0

Union stewards is what they call the one who represent the interest of the union members in their immediate supervisor and other members of the management. Union stewards are full-time employees at the workplace and generally are not paid by the union.

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In the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price leve
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Answer: fall, reducing, fall below

Explanation:

the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. Consider a soybean farmer who expects a price level of 100 in the coming year. If the actual price level turns out to be 90, soybean prices will __________ , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by __________ the quantity of soybeans supplied. If other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to __________the natural level of output in the short run.

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If people act as if they systematically pursue their own self-interest, then they will most likely?
Amiraneli [1.4K]

respond predictably.

People are most likely to react predictably if they exhibit the appearance of consistently pursuing their own self-interest.

<h3>Is it advantageous to act in one's socialized self-interest?</h3>

The pursuit of socialized self-interest serves as the foundation for a calm, orderly society where most people can generally pursue happiness in their own way. It's not a world where greatness, bravery, or nobility are desired or necessary, and it's not a world where people are expected to achieve great things.

<h3>Why not define "self-interest"?</h3>

The definition of self-interest is making choices that will benefit oneself the greatest. Adam Smith, the father of modern economics, contends that individuals often act in ways that will result in the greatest economic benefit for all parties involved.

What are the benefits of self-interest in economics?

It refers to the premise that unanticipated gains are produced for society as a whole when parties act or interact, making judgments based on self-interest. This serves as the conceptual underpinning of Smith's main argument for the significance of self-interest in economics.

Learn more about self-interest:

brainly.com/question/13894649

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Products that a seller sells in other countries are called
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im pretty sure it is A thx

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