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A commodity

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Q: What Workers are able to sell their labor to producers because labor is?
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How does supporting fair trade affect consumers?

They pay more for goods but enable workers to earn more money


Why is the marginal product of labor likely to increase initially in the short run as more of the variable output is hired?

The marginal product of labor is likely to increase initially because when there are more workers, each is able to specialize on an aspect of the production process in which he or she is particularly skilled. For example, think of the typical fast food restaurant. If there is only one worker, he will need to prepare the burgers, fries, and sodas, as well as take the orders. Only so many customers can be served in an hour. With two or three workers, each is able to specialize and the marginal product (number of customers served per hour) is likely to increase as we move from one to two to three workers. Eventually, there will be enough workers and there will be no more gains from specialization. At this point, the marginal product will diminish.


How does supporting fair trade help consumers?

They are able to know that their purchases are not supporting unfair labor practices.


Why did many textile jobs apparently migrate out of the US in the years after the establishment of NAFTA?

Many textile jobs migrated out of the United States after the establishment of NAFTA because manufacturers could get their garments produced more cheaply outside of the country. Labor unions were not a force in these countries and workers were willing to work for a wage that was much lower than the textile workers in the United States.


In which type of economy are the producers of the goods in services able to react to consumer choices?

market

Related questions

Workers are able to sell their labor to producers because labor is what?

commodity


What Workers are able to sell their labor to producers because labor?

A commodity


How do workers benefit from joining a union?

Workers benefit from joining unions such that they are able to have an organization that will protect their rights as workers and a voice that can be heared on behalf of them when they need to speak with the higher boss. Unions are also able to help the workers by being able to represent the workers during labor debates, collective bargaining and such.


Why do Critics blame the unions labor unions for the loss of jobs?

The critics have blamed the labor unions because they have forced companies to raise the workers wages so much, that the companies can not afford to keep as many workers as they usually be able too. soon, the companies may be forced to move their companies out of the U.S.


How did Fordism affect American labor negatively?

Fordism affected American labor negatively by refusing to increase wages or benefits, it made workers poor.


How did Fordism affect American labor?

reduced worker's desire to join unions-APEX


What did marx say about labour?

Karl Marx viewed labor as the source of value in society, believing that it was through labor that individuals could express their creative and productive capacities. He criticized the exploitation of labor under capitalism, where workers were alienated from the products of their work and were not able to realize their full potential. Marx advocated for a system where labor was controlled by the workers themselves, leading to a more equitable distribution of wealth and power.


Why didn't labor unions ease the condition of workers in the 1800s?

It wasn't that Labor Unons could not ease the condition of workers, it was the fact that the government and business owners usually sided together against any gains the Unions would attempt. Labor union activity was considered illegal in a lot of states and was claimed to be a restraint of trade rather than an attempt to help workers. Labor organizers and labor members would be fired by employers if they tried to organize workers. Black Lists would be circulated among owners of business and industry with the names of labor organizers and workers who supported Unions, so they could not find jobs. When there were strikes, the owners were usually able to get injunctions against the strike and the authorities were authorized to break up the strikes.


Email hoaxes are often successful because?

the producers of these hoaxes are able to fool the audience about the source of the text.


Where could I look at some examples of labor law posters on the internet?

Many of the workers unions will have their Labor law posters able to view, you can view these examples and then take your own ideas and incorporate into your own design.


What happened to the labor force of Europe during the black plague?

There were not enough workers to tend to fields and such, so thus the remaining were able to demand more rights.


Why is important for nursery workers to be able to relate well with children?

because im a banana