The more elastic is the demand for the good, the
A) more elastic will be the demand for the resources used to produce the good
B) less elastic will be the demand for the resources used to produce the good
C) less effect any given wage rate increase will have on employment
D) higher the wage rate increase the union can achieve without causing unemployment
E) more elastic will be the supply of resources used to produce this product
Correct Answer:
Verified
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