Question
A union bargaining for wage increases will be in a stronger position if a. Labor and capital are used in fixed proportions b. Elastic product
A union bargaining for wage increases will be in a stronger position if
a. Labor and capital are used in fixed proportions
b. Elastic product demand
c. Supply of capital is very elastic
d. The production process is very labor intensive
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The Great Convergence Information Technology And The New Globalization
Authors: Richard Baldwin
1st Edition
067466048X, 9780674660489
