If a Union Succeeds in Shifting the Labour Supply Curve

question 26

Multiple Choice

If a union succeeds in shifting the labour supply curve to the left,it can achieve wages above the

• A)equilibrium level without affecting employment.
• B)equilibrium level and an increase in employment.
• C)competitive level and all workers will gain.
• D)competitive level without a pool of unemployed workers seeking to work at the higher wage.
• E)competitive level but will reduce the level of employment.

---

Definitions:

PERT

Project Evaluation and Review Technique, a method used to analyze and represent the tasks involved in completing a given project.

CPM

Critical Path Method; a project management technique used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the project plan.

PERT

Short for Program Evaluation and Review Technique, a project management tool used to schedule, organize, and coordinate tasks within a project.

CPM

Critical Path Method, a project management tool used to schedule, organize, and coordinate tasks within a project.