If an Electricians' Union Is Successful in Its Attempts to Restrict

question 5

Multiple Choice

If an electricians' union is successful in its attempts to restrict entry into that craft, it will shift

• A)the supply curve of electricians to the right
• B)the supply curve of electricians to the left
• C)the demand curve for electricians to the right
• D)the demand curve for electricians to the left
• E)both the supply and demand curves for electricians

---

Definitions:

Sponsorship

Sponsorship typically refers to the support, financial or otherwise, provided by a person or organization to an event, activity, person, or organization, often for mutual benefit.

Formal Mentoring Program

A structured and official program that connects less experienced individuals with more experienced mentors for career development and guidance.

Protégé Participation

Involvement of a less experienced person in learning or development activities, guided by a more experienced mentor.

Employee Development

The ongoing effort by organizations to improve the knowledge, skills, and abilities of their employees to increase their performance and organizational contribution.