If union demands result in a surplus of labor in some industries, the resulting
A) increased demand for labor in the nonunion sector drives nonunion wages up
B) decreased demand for labor in the nonunion sector drives nonunion wages down
C) increased supply of labor in the nonunion sector drives nonunion wages down
D) increased supply of labor in the nonunion sector drives nonunion wages up
E) decreased supply of labor in the nonunion sector drives nonunion wages up
Correct Answer:
Verified
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