-Refer to the Diagram Above

question 115

Multiple Choice

-Refer to the diagram above.Starting at labour demand curve D,an increase in demand for the industry's output causes a(n) __________,which drives the equilibrium wage __________ and the equilibrium employment level __________.

• A) increase in the quantity of labour demanded;up;up
• B) increase in labour demand;up;down
• C) decrease in labour demand;down;down
• D) increase in labour demand;down;down
• E) increase in labour demand;up;up

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Definitions:

Management Rights Clause

A provision in a collective bargaining agreement that reserves specific managerial prerogatives, such as decisions on operations and staffing, to the employer.

Contractual Issues

Matters concerning agreements between two or more parties, especially in the context of employment terms, workplace conditions, and worker compensation.

Union Rights

The law-based privileges and safeguards given to labor unions and their affiliates, encompassing the ability to unionize, negotiate agreements as a group, and participate in industrial actions.

Outsourcing Clause

A provision in a collective bargaining agreement that limits or regulates the extent to which an employer can contract out work to third parties.