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Chapter 14

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
affirmative action   show
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show a labor market with monopsony on the demand side and a union on the supply side  
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collective bargaining   show
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discrimination   show
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show an emploter will never pay a worker more than the value of the worker's marginal productivity to the firm  
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monopsony   show
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show a labor market where neither suppliers of labor nor demanders of labor have any market power; thus, an employer can hire all the workers they would like a the going market wage  
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Created by: KeonLawr
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