Given That Unions Face a Downward-Sloping Demand Curve for Labor,which

question 141

Multiple Choice

Given that unions face a downward-sloping demand curve for labor,which of the following is not true concerning the optimal union wage rate at a given employment level?

• A)It exceeds the competitive wage.
• B)It is above the labor supply curve.
• C)It is above the marginal wage.
• D)It is above the labor demand curve.

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