An Industrial Union, Operating in an Otherwise Competitive Labor Market

question 77

Multiple Choice

An industrial union, operating in an otherwise competitive labor market, that cannot either increase the demand for or decrease the supply of labor is likely to try to:

• A) lower the wage, with the result that employment falls.
• B) raise the wage, with the result that employment rises.
• C) lower the wage, with the result that employment rises.
• D) raise the wage, with the result that employment falls.

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Definitions:

Stroke

A medical condition that occurs when the blood supply to part of the brain is interrupted, leading to brain damage and loss of function.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in the air and absorbed by plants in photosynthesis.

Alveoli

Tiny air sacs within the lungs where gas exchange between the air and blood occurs, essential for breathing and oxygenation of blood.

Tissue Cells

Cells that are organized together to perform a specific function, making up the tissue of organisms.