Suppose That in Some Country Neither Textile Workers nor Shoemakers

question 133

Multiple Choice

Suppose that in some country neither textile workers nor shoemakers are unionized. If textile workers unionize and so are able to raise their wages, what will most likely happen to shoemakers?

• A) The demand for shoemakers will rise, and their wages will rise.
• B) The demand for shoemakers will fall, and their wages will fall.
• C) The supply of shoemakers will rise, and their wages will fall.
• D) The supply of shoemakers will fall, and their wages will rise.

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Definitions:

Job Incumbents

Individuals who currently hold a particular job position within an organization, responsible for performing the duties associated with that role.

Motivate Employees

Motivating employees involves using strategies or practices to inspire and encourage workers to perform their best and achieve organizational goals.

Learned Capabilities

Skills, knowledge, or competencies that are acquired through experience, education, or training rather than being innate.

Employee Aptitudes

The natural talents or ability of workers to perform specific tasks or learn new skills.