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Why did workers demand collective buisnesses and why did and business owners oppose it?
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When is there an equilibrium wage?
When there is no excess in demand for workers and in supply of workers (By Solomon Zelman)
How to determine the collective demand for a public good?
Add up the individual demands
How the analysis of demand contributes to business decision making?
analysis of demand contribute to business decision making
What is the result of high equilibrium wage?
an extra demand for workers
What is the result of a high equilibrium wage?
an extra demand for workers
Why did workers demand collective bargaining and why did business owners opose it?
Collective bargaining allows the workers to negotiate on a fair playing field. I have been a negotiator and employers often do things to the stymie the negotiations.
Why did workers demand collective bargaining and Why did business owners oppose bargaining?
That all the workers acting collectively or together had much a greater chance of success in negotiating with management and the owners want to go out of business if getting bargains
How does business taxes cause a decrease in aggregate demand?
it doesn't. it raises AD because business now have higher profit margin and so produce more which means they hire more workers and more money ends up in workers' collective pockets which means AD shifts right.
Why did workers demand bargaining?
Collective bargaining gives workers more leverage to advance their needs. It also helps them consult widely before deciding the next course of action.
What attracted many African Americans to the north and medwest?
High demand for workers
What attracted many African American to the north and Midwest?
High demand for workers.
How did industrialization lead to a decrease in the need for skilled workers?
The industrial revolution increased the demand for workers because they had created more jobs.
What are the 4 characteristics of business demand?
the 4 characteristics of business demand are derived demand, fluctuating demand, stimulating demand and finally demand elasticity!
What was a lockout as a business tactic?
To prevent unionization, employers locked out workers from the workplace and hired replacements. It was a tactic to try to intimidate workers to not demand fair wages, benefits, and better (safe) work conditions.
How many workers are employed in the hand and edge tool business?
The hand and edge tool industry employs thousands of workers worldwide, with the exact number varying based on the size of individual companies and the specific market demand.
When is there an equilibrium wage?
When there is no excess in demand for workers and in supply of workers (By Solomon Zelman)
How long business courses are in demand?
Business courses are always in demand because business is present everywhere and everytime
