The reasons firms in industries with high fixed costs be apt to prevent strikes or end-strikes quickly. Concept Introduction: Strike: This is an industrial action taken up by the employees working in a factory or any industry as a form of protest against certain demands requested by the workforce which has been turned down by the employer. Fixed cost: This is a cost that does not vary with the number of units produced.

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(Reading) Many local government officials see immigration detention as good for the local economy. Do these facilities bring economic benefits? What happens when ICE contracts end or fall through?

Answer 1

Question

Chapter 12, Problem 10P

To determine

The reasons firms in industries with high fixed costs be apt to prevent strikes or end-strikes quickly.

Concept Introduction:

Strike:

This is an industrial action taken up by the employees working in a factory or any industry as a form of protest against certain demands requested by the workforce which has been turned down by the employer.

Fixed cost:

This is a cost that does not vary with the number of units produced.

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(Reading) Many local government officials see immigration detention as good for the local economy. Do these facilities bring economic benefits? What happens when ICE contracts end or fall through?

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