An Increase in the Demand for Bananas Will Cause the Equilibrium

question 61

True/False

An increase in the demand for bananas will cause the equilibrium price of bananas to rise, ceteris paribus.

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Definitions:

You Get The Union

This phrase is typically used in organizing efforts, implying that employees will receive the benefits and protections of union representation if they choose to unionize.

Unequal Bargaining Power

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Industrial Relations School

An academic and professional field that studies the relationships between management and workers, and the role of regulations and labor unions in industry.

Primary Cause

The main or leading reason behind an event or situation.