1. What happens to the demand curve for labor in the following situations: a) On factory workers: Factory workers’ union negotiated a lower standard work rule, where their minimum number of shirts produced be 60 shirts per day instead 100 shirts per day. b) On airline pilots: After the deregulation of the airlines, nonunion airlines increased their market share by 30 percent. c) On medical doctors:The state of Maharlika began to allow nurses to assume more of physicians’ responsibilities. d) On Wakandan Uranium miners: China agreed to limit its exports of Uranium to Wakanda
1. What happens to the demand curve for labor in the following situations: a) On factory workers: Factory workers’ union negotiated a lower standard work rule, where their minimum number of shirts produced be 60 shirts per day instead 100 shirts per day. b) On airline pilots: After the deregulation of the airlines, nonunion airlines increased their market share by 30 percent. c) On medical doctors:The state of Maharlika began to allow nurses to assume more of physicians’ responsibilities. d) On Wakandan Uranium miners: China agreed to limit its exports of Uranium to Wakanda
Chapter16: The Markets For Labor, Capital, And Land
Section: Chapter Questions
Problem 14P
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1. What happens to the
a) On factory workers: Factory workers’ union negotiated a lower standard work rule, where their minimum number of shirts produced be 60 shirts per day instead 100 shirts per day.
b) On airline pilots: After the deregulation of the airlines, nonunion airlines increased their market share by 30 percent.
c) On medical doctors:The state of Maharlika began to allow nurses to assume more of physicians’ responsibilities.
d) On Wakandan Uranium miners: China agreed to limit its exports of Uranium to Wakanda
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