Evaluate the seriousness of TWO of the following issues: a) Substitutes and complements, b) the role of antitrust policy c) Unionization and labor market imbalances, d) Oligopolies and cartes when there is free entry into the industry

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Asked 1/13/2011 12:52:20 PM

Updated 282 days ago|2/29/2024 11:08:48 AM

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User: Evaluate the seriousness of TWO of the following issues: a) Substitutes and complements, b) the role of antitrust policy c) Unionization and labor market imbalances, d) Oligopolies and cartes when there is free entry into the industry

Weegy: c) Unionization and labor market imbalances
Expert answered|workaholicmom|Points 3957|

User: please discuss, it's not multiple choice

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Asked 1/13/2011 12:52:20 PM

Updated 282 days ago|2/29/2024 11:08:48 AM

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misha254

The seriousness of substitutes and complements in the market cannot be understated. Substitutes are products or services that can be used in place of each other, while complements are products or services that are used together. The presence of substitutes can lead to increased competition and lower prices, while complements can enhance the value of a product or service. Understanding the dynamics of substitutes and complements is crucial for businesses to stay competitive and adapt to changing market conditions.

Added 282 days ago|2/29/2024 11:08:48 AM

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compared to workers in poor countries, workers in richer countries have: a)lower productivity but higher wages, b) higher productivity and higher wages, c) higher productivity but lower wages, d) the same productivity but higher wages

Weegy: d) the same productivity but higher wages User: thank you (More)

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Updated 2/27/2016 12:49:31 PM

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jeifunk

Compared to workers in poor countries, workers in richer countries have: higher productivity and higher wages.

Added 2/27/2016 12:49:31 PM

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In alternative (d) for question 18, other beer companies find that their beer sales also drop because of the revolting ads from their rival. This phenomenon is an example of (a) comparative advantage (b) monopolistic competition (c) negative externalities (d) the production possibilities frontier

Weegy: d (More)

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Updated 335 days ago|1/7/2024 2:40:31 PM

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Rhed°88

In alternative (d) for question 18, other beer companies find that their beer sales also drop because of the revolting ads from their rival. This phenomenon is an example of negative externalities.

Added 335 days ago|1/7/2024 2:40:29 PM

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