Which of the Following Will Tend to Increase the Ability

question 203

Multiple Choice

Which of the following will tend to increase the ability of a union to increase the wages of its members?

• A) Almost all of the firms in the industry are unionized.
• B) Foreign competition for the product produced by the union labor is intense.
• C) There is a reduction in the demand for union labor.
• D) The demand for the product produced by the union labor is highly elastic.