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Exhibit 12-8 Which of the Following Does Exhibit 12-8

Question 196

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Exhibit 12-8 Exhibit 12-8   Which of the following does Exhibit 12-8 illustrate? A) The demand for labor increases and wages increase when a union disbands. B) The supply of labor increases and wages increase when a union disbands. C) Demanders of labor must pay higher wages after a craft union forms. D) Demanders of labor must pay higher wages after an industrial union forms. E) A union causes the productivity of labor to increase, causing an increase in the firm's demand for labor. Which of the following does Exhibit 12-8 illustrate?


A) The demand for labor increases and wages increase when a union disbands.
B) The supply of labor increases and wages increase when a union disbands.
C) Demanders of labor must pay higher wages after a craft union forms.
D) Demanders of labor must pay higher wages after an industrial union forms.
E) A union causes the productivity of labor to increase, causing an increase in the firm's demand for labor.

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