1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jlenok [28]
3 years ago
6

What will be the effects on employment and wages if the union bargains for a wage rate above the equilibrium?

Social Studies
1 answer:
IgorLugansk [536]3 years ago
4 0

Answer: Unemployment will rise and Wages will fall.

Explanation:

Labor, much like any commodity follows the laws of demand and supply. When the wage rate is at equilibrium, the market forces are in agreement. The available labor and the demand by employers have dictated the fair rate.

However, if unions bargain for a rate above equilibrium, demand for labor will fall, resulting in unemployment, and wages will fall as there will be a surplus of labor.

You might be interested in
The Ten Commandments are perhaps the most famous set of laws ever created and are part of a larger set of laws known as ________
Maru [420]

Answer:

B

Explanation:

because I'm the best and I know all and I'm immoral and I'm just a god

7 0
3 years ago
Read 2 more answers
Read the following excerpt from a report about some of the possible reasons college costs are increasing.
sashaice [31]

Answer:

The correct answer is - Salaries in higher education are based on additional factors.

Explanation:

In comparison to for-profit industries where salaries depend mainly on productivity, salaries in higher education depend on more than one factor it depends on the additional factor.

The salaries in higher education depend on several factors such as college costs, as they need to provide resources for the eduction process constantly so they can not control the cost increases and have to cost-cutting in salaries

The correct answer is - Salaries in higher education are based on additional factors.

6 0
3 years ago
The wifi standard known as privacy with message integrity can be described as follows:
Viefleur [7K]
<span>The MAC-level data sent out by the access point is encrypted to make sure that it is not tampered with by anyone other than the intended user. In addition, a message integrity code is sent along with this data as a second level of security. This makes sure that the identifiable data in the transmission is not stolen and used for unintended purposes.</span>
8 0
3 years ago
Please help me the question is below!
UNO [17]

Answer:

Having more oil than water can majorly affect the country because - as we already know - oil is very damaging to the environment if mishandled, however, it brings in a pretty hefty profit. Although it brings in money, water is more important. That brings us to the answer to our question: Having more oil than water affects the way that the countries economy functions because the less water you have, the more the people of the country are effected and the more that the countries economy is damaged (this means that people are then being negatively effected and this can cause everything to fall apart).

Does this answer your question? If it doesn't make sense, I can always clarify.

Hope this helps!!

Have a nice day :)

Explanation:

5 0
3 years ago
What values ​​do you use?
kupik [55]

Answer:

SHES A SUPER FREAK SUPER FREAK SUPER FREAKKKYYYYYY

Explanation:

5 0
3 years ago
Other questions:
  • Hyperopia (or farsightedness) results from images focused _____.
    10·1 answer
  • Help please!
    12·2 answers
  • Can anyone help me for questions 1-10,fill in the blank with the letter of the description that best matches the term. descripti
    12·2 answers
  • Amy is very excited for the day of her wedding. On that day she experiences a spike in happiness and this feeling lasts for abou
    10·1 answer
  • ? What legacy would you like to leave in your society? ​
    6·2 answers
  • Theo was the last one off the school bus. As he was about to get off the bus, he spotted a blue folder under the front seat. He
    5·1 answer
  • _____ teams are becoming important because of increasing globalization, flatter organizational structures, an increasing shift t
    8·1 answer
  • ¿que esta fomentando el crecimiento descontrolado de la poblacion mundial
    10·1 answer
  • How was Hitler's policies toward Jews before World War II
    5·2 answers
  • _________________________ are included in the aggregate amount of mi money currently in circulation.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!