Which of the following union tactics, if successful, would increase wages and create a surplus of labor?
A) Collective bargaining to fix the wage above the competitive level
B) Decreasing the marginal revenue product of union workers
C) Increasing the demand for union-made products
D) Restricting the supply of nonunion products that compete with union-made products
E) Increasing labor productivity by minimizing conflicts and resolving differences between labor and management
Correct Answer:
Verified
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