When Supply Is Fixed, Price Is Supply Determined

question 133

True/False

When supply is fixed, price is supply determined.

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Definitions:

Union Organizing Drive

A concerted effort by workers and/or union representatives to gain union representation in a workplace.

Corporate Campaign

An organized effort, typically by unions, targeting a company to apply pressure for changes in labor practices or to support workers' rights.

Permanent Replace

The practice of hiring new employees to permanently take the positions of striking workers.

Federal Racketeering Laws

Laws under the Racketeer Influenced and Corrupt Organizations Act (RICO) designed to combat organized crime by allowing extended penalties for acts performed as part of a criminal organization.