If United Mine Workers successfully negotiates a wage that is higher than the competitive wage,then _____
A) an excess demand for labor is created.
B) a surplus of labor is created.
C) the demand for labor increases.
D) the supply of labor decreases.
E) the quantity of labor demanded increases.
Correct Answer:
Verified
Q132: Union wages in the United States are
Q133: If a union negotiates a wage above
Q134: If a teachers' union negotiates a wage
Q135: If a union negotiates a wage floor
Q136: An industry with a strong union _
A)will
Q138: Unions can increase wage rates by _
A)increasing
Q140: Restricting the supply of labor in order
Q141: If featherbedding reduces a firm's competitiveness,it _
A)increases
Q172: Craft unions typically attempt to increase wages
Q191: Unions sometimes try to ensure that employers
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