A rise in the minimum wage increases the demand for union labour because this policy change
A) raises the productivity of union labour.
B) lowers the wage rate paid to union labour.
C) lowers the productivity of union labour.
D) lowers the cost of a substitute for union labour.
E) raises the cost of a substitute for union labour.
Correct Answer:
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Q50: An individual's labour supply curve eventually bends
Q51: Q52: A technological change that raises the value Q53: Q54: Which of the following is NOT a Q56: When the rental rate for capital falls, Q57: If a union restricts the supply of Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
