If a Labor Union Tries to Reduce the Availability of Substitutes

question 74

Multiple Choice

If a labor union tries to reduce the availability of substitutes for the product it sells, it is attempting to affect the __________ for labor. But if it tries to increase substitute factor prices, it is attempting to affect the __________ labor.

• A)elasticity of demand; supply of
• B)demand; elasticity of demand for
• C)elasticity of demand; demand for
• D)demand; supply of
• E)none of the above

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Definitions:

Hyperglycemia

A medical condition characterized by an abnormally high level of glucose (sugar) in the blood.

Protein in the Urine

A condition, also known as proteinuria, where an abnormally high amount of protein is found in the urine, indicating potential kidney damage or disease.

Nutritional Assessment

A systematic process for obtaining, verifying, and interpreting data needed to identify nutrition-related problems, their causes, and significance.

Hypertension

A medical condition characterized by persistently high blood pressure, posing risks for heart disease and stroke.