A Consumer Has the Utility Function U(x, Y)= Min{x, 2y}

question 21

True/False

A consumer has the utility function U(x, y)= min{x, 2y}.If the price of good x is zero and the price of good y is p, then the consumer's demand function for good y is m/2p.

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Worker Representation

The action of having employees or their delegates participate in decision-making processes within the workplace or organizational governance.

Scope of Authority

Describes the range or extent of power and responsibilities that an individual or entity is legally allowed to exercise.

Union Federations

Associations of unions that represent the collective interests of workers across various sectors and industries at national or regional levels.

Political

Pertains to the activities, actions, and policies used to gain and hold power in a government or to influence governance.