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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: When unions or legislation makes it necessary for a firm to pay higher wages,
Post by: Sublight2097 on Jun 20, 2015
When unions or legislation makes it necessary for a firm to pay higher wages,
A) efficiency declines.
B) income is transferred from wealthy people to poor people.
C) the marginal value of retained employees falls.
D) the marginal value of retained employees rises.
E) total purchasing power increases.


Title: Re: When unions or legislation makes it necessary for a firm to pay higher wages,
Post by: Smoooth on Aug 13, 2015
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Title: Re: When unions or legislation makes it necessary for a firm to pay higher wages,
Post by: Sublight2097 on Aug 31, 2015
Seriously, you've been tremendously helpful! Thank you.


Title: Re: When unions or legislation makes it necessary for a firm to pay higher wages,
Post by: Smoooth on Aug 31, 2015
My pleasure :-]