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The Demand for a Product Produced by a Union Becomes

Question 244

Multiple Choice

The demand for a product produced by a union becomes more elastic. After this change, how does an increase in the wage rate paid its members affect their employment?


A) It does not decrease employment at all.
B) It decreases employment by less than it would have before.
C) It decreases employment by more than it would have before.
D) It increases employment.

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