Answer:
That statement is true Above the market wage, thus causing a surplus of labor
Explanation:
During its early period, the labor unions require a payment that is way Above the market wage, thus causing a surplus of labor
When the labor union set a requirement for above the market wage, it become much easier for the employers to find the workers who are willing to work for lesser amount instead.
Because of this, members of labor unions were constantly underbid by non members and lead to unemployment.
Answer:
The endowment effect.
Explanation:
The endowment effect is the reluctancy to sell or throw away an object they own opposed to acquiring the same object if they do not own it. In this case, Mark is reluctant to sell his car. Even if it meant great significance to him or not, he would not buy the same model if he hadn't had it in the first place. He would buy another one, according to this theory.
<span>Closed primary election is the method of election that gives the power and authority to the political parties. this closed primary is limited to the members who were registered to their political party. This makes the party select a candidate who will follow the principles of the party.</span>
Answer:
4
Explanation:
A telegraph was intercepted by the UK that showed proof of Mexico, provoked by Germany, attempting to attack the US which provoked them to be drawn in.
