If through collective bargaining a union succeeds in raising its members' wages, then:
A) this would raise total wages earned.
B) the observed wage and employment levels will be indicated by the intersection of the new horizontal wage line with the demand curve.
C) the union must be simultaneously placing restrictions on union membership.
D) this will necessarily cause the demand curve for labor to shift downward.
E) the supply curve of labor will shift upward as workers substitute leisure for work.
Correct Answer:
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