Craft Unions Have Typically Been Most Effective in Raising Wage

question 35

Multiple Choice

Craft unions have typically been most effective in raising wage rates by

• A) legislating a minimum wage rate above the competitive equilibrium level.
• B) increasing the demand for labor of union members.
• C) decreasing the supply of labor through licensing and training requirements.
• D) organizing all of the employees in a factory or industry and demanding wage hikes.

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