Info
Warning
Danger
/ Homework Answers / Economics / 31.A labor system whereby a limited number of workers can

Question

31.A labor system whereby a limited number of workers can be certified to work in a particular field but are of higher ability because of the training necessary for certification will cause

A)the demand for these workers to decrease.

B)the wage paid to these workers to decrease.

C)the supply for these workers to increase.

D)the supply curve for these workers to become vertical at some point.

32.A labor system whereby a limited number of workers can be certified to work in a particular field but are of higher ability because of the training necessary for certification will cause

A)the demand for these workers to increase.

B)the wage paid to these workers to decrease.

C)the supply for these workers to increase.

D)the supply curve for these workers to become horizontal at some point.

33.A labor system whereby a limited number of workers can be certified to work in a particular field but are of higher ability because of the training necessary for certification will cause

A)the demand for these workers to decrease.

B)the wage paid to these workers to increase.

C)the supply for these workers to increase.

D)the supply curve for these workers to become horizontal at some point.

34.A labor system whereby a limited number of workers can be certified to work in a particular field but are of higher ability because of the training necessary for certification will cause

A)the demand for these workers to decrease.

B)the wage paid to these workers to decrease.

C)the supply for these workers to decrease.

D)the supply curve for these workers to become horizontal at some point.

35.To the degree that the American Medical Association constraints the number of new spots that are available in the nation’s medical schools, it is

A)shifting the demand for physicians to the right.

B)shifting the supply of physicians to the right.

C)shifting the demand for physicians to the left.

D)kinking the supply of physicians to make it vertical at the level of the constraint.

36.To the degree that the IBEW conducts costly training and apprentice requirements for prospective electricians, it is

A)shifting the supply of electricians to the left.

B)shifting the supply of electricians to the right.

C)shifting the demand for electricians  to the left.

D)kinking the supply of electricians to make it vertical at the level of the constraint.

37.To the degree that the IBEW ensures that through its rigorous training requirements for prospective electricians are qualified to do the work, it is

A)shifting the supply of electricians to the left.

B)shifting the supply of electricians to the right.

C)shifting the demand for electricians  to the right.

D)kinking the supply of electricians to make it vertical at the level of the constraint.

38.To the degree that the Plumbers and Steamfitters union conducts costly training and apprentice requirements for prospective electricians, it is

A)shifting the supply of plumbers to the left.

B)shifting the supply of plumbers to the right.

C)shifting the demand for plumbers to the left.

D)kinking the supply of plumbers to make it vertical at the level of the constraint.

39.To the degree that the Plumbers and Steamfitters union ensures that through its rigorous training requirements for prospective plumbers are qualified to do the work, it is

A)shifting the supply of plumbers to the left.

B)shifting the supply of plumbers to the right.

C)shifting the demand for plumbers to the right.

D)kinking the supply of plumbers to make it vertical at the level of the constraint.

40.In Figure 41.4, when compared to the perfectly competitive equilibrium, the wage paid to employees as a result of unionization

Figure 41.4

A)increases from W* to W'.

B)decreases from W' to W*.

C)remains at W'.

D)remains at W*.

Solution
5 (1 Ratings )

Solved
Economics 2 Months Ago 127 Views
This Question has Been Answered!
Premium Content -

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Better Grades!

Ask an Expert

Our Experts can answer your tough homework and study questions
112045 Economics Questions Answered!
Post a Question

Welcome Back!

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Forgot?
Login
Don't have an account? Signup

Join ScholarOn

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Signup
By registering, I agree to the Terms and Privacy Policies
Already have an account? Log in

Verify Your Email

Check your inbox & click on the link to activate your account.

Resend Email
Verification Mail Send Successfully. Please Check Your Email.

Forgot Password

Please enter your registered email to recieve the password reset link.

Send reset link
Already have an account? Log in
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!

d
Let us boost your grade together!

Get 24/7 homework help from Experts

Let our knowledge be your backup

1

Submit your homework question or assignment

2

Receive a quote & Make the Payment

3

Sit Back & Relax to Earn Better Grades!

Drag files here or Browse your Device

Maximum file size 10MB
17,475 Accounting Questions Answered! Get Answer

We are The Best Because

  • On Time Delivery
  • Plagiarism ReportFree
  • Unlimited RevisionsFree
  • 100% Privacy & Confidential
  • 24/7 Live Chat Support
4.9 (16422 Ratings)
You can communicate directly with your expert until the solution quality is delivered to your complete satisfaction.
Looking for writing help?
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!