To Increase the Demand for Union Labour,unions Do All of the Following

question 117

Multiple Choice

To increase the demand for union labour,unions do all of the following except support

• A)increases in the minimum wage.
• B)increases in import restrictions.
• C)immigration restrictions.
• D)an increase in the supply of foreign workers.
• E)training schemes and apprenticeship programs.

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Definitions:

Fixed Cost

Costs that remain constant in total regardless of changes in the level of activity within a relevant range, such as rent, salaries, and insurance premiums.

Variable Cost

Costs that vary directly with the level of production or service activity.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Direct Labor

The wages and salaries for those employees directly involved in the manufacturing process of a company's products.