The Effect of Union Exclusion of Nonunion Workers Is to

question 58

Multiple Choice

The effect of union exclusion of nonunion workers is to

• A)Increase the shortages of nonunion workers.
• B)Reduce the wages of nonunion workers.
• C)Increase the number of jobs for nonunion workers.
• D)Increase the surplus of union workers.

---

Definitions:

Price-Setting Process

The method by which a company determines the selling price of its products or services, taking into account costs, competition, and customer demand.

Mail Order

A retailing strategy where products are sold directly to consumers through catalogs or online platforms, without a physical storefront.

Single-Zone Pricing

A pricing strategy where a company charges the same price for a product or service across all geographic locations, ignoring transportation costs.

Freight-Absorption Pricing

Freight-Absorption Pricing is a strategy where a seller absorbs all or part of the freight charges to attract customers from distant locations.