Labor Union a Faces a Greater Cutback in Labor for a Given

question 129

Multiple Choice

Labor union A faces a greater cutback in labor for a given wage increase than does labor union B. It follows that the

• A)demand for workers in labor union A is greater than the demand for workers in labor union B.
• B)elasticity of demand for workers in labor union B is greater than the elasticity of demand for workers in labor union A.
• C)demand for workers in labor union B is greater than the demand for workers in labor union A.
• D)elasticity of demand for workers in labor union A is greater than the elasticity of demand for workers in labor union B.

---

Definitions:

Providing Vacation Time

The practice of offering employees paid or unpaid leave from work for personal rest, travel, or leisure activities.

Publicizing Benefits

The strategy of communicating the advantages or perks of a job, such as health insurance or retirement plans, to current and prospective employees.

Legally Required Insurance

Insurance policies that businesses are mandated to have by law to cover potential damages or liabilities.

Short-term Disability Plans

Insurance plans that provide employees with income for a brief period during which they are unable to work due to illness or injury.