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A Union Has Negotiated a Contract Which States the Following,work

Question 37

Multiple Choice

A union has negotiated a contract which states the following,work up to 40 hours per week will be paid at a base rate of $10 per hour.All work in excess of 40 hours,but less than 48 hours will be paid at a rate equal to 1 1 times the base rate.Any work in excess of 48 hours will be paid at 2
Double time.This pay scale agrees with


A) ceteris paribus.
B) the law of supply and demand.
C) the law of demand.
D) the law of supply.
E) can't tell with the information provided.

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