Not All Similarly Skilled Workers Are Included in Unions

question 3

Multiple Choice

Not all similarly skilled workers are included in unions. As a result, wages for unionized workers tend to be higher than for nonunion workers. As a significant number of skilled workers seek work in the nonunion sector, what is the impact on the supply curve and wages for nonunion labour?

• A) The supply curve shifts left, increasing wages for non-union workers.
• B) The supply curve shifts right, reducing wages for non-union workers.
• C) The supply curve shifts right, increasing wages for non-union workers.
• D) The supply curve shifts left, reducing wages for non-union workers.

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Definitions:

Distribution Strategies

Plans and tactics implemented by a company to ensure its products or services are delivered to the customer efficiently and effectively.

Product Line

A group of related products marketed by a company that serves a particular category of goods or services.

Soft Drinks

Non-alcoholic beverages that are usually carbonated and contain various flavorings and sweeteners.

Family Branding

A marketing strategy where a company markets multiple products under the same brand name to leverage brand equity.