Suppose Each Worker Must Use Only One Shovel to Dig

question 12

Multiple Choice

Suppose each worker must use only one shovel to dig a trench,and shovels are useless by themselves.In the short run,an increase in the price of shovels will result in

• A) fewer shovels being purchased.
• B) more workers being hired.
• C) a decrease in the firm's output.
• D) no change in the firm's output.

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Definitions:

Secret Ballot Elections

A voting method that ensures privacy for voters, allowing them to cast their vote anonymously to prevent influence or coercion.

Bargain

A negotiation process between two or more parties to reach a mutually agreeable outcome.

Wagner Act

A foundational piece of U.S. labor law, officially the National Labor Relations Act of 1935, which established workers' rights to collectively bargain and form unions.

Union Demands

Requests or conditions put forward by labor unions during negotiations with employers, typically regarding wages, benefits, working conditions, and job security.