If a Union Is Able to Successfully Lobby Congress to Limit

question 67

Multiple Choice

If a union is able to successfully lobby Congress to limit imports of rival products, and thus to raise the demand (and thus price) for the goods or services they make, then which of the following best describes the outcome?

• A) The supply of labor will increase.
• B) The demand for labor will increase.
• C) The supply of labor will decrease.
• D) The demand for labor will decrease.

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Definitions:

Internal Processes

The operations, procedures, and routines that occur within an organization to achieve its objectives.

Positive Intent

The assumption or belief that actions, irrespective of their impact, are motivated by good or constructive reasons from the actor's perspective.

Indra Nooyi

A prominent business executive known for her leadership as the former CEO of PepsiCo, driving innovation and growth.

Father

A male parent or guardian responsible for raising and nurturing children, either biologically or through relationship roles.