Figure 4-4 -Refer to the Figure 4-4. If the Price Is $10

question 224

Multiple Choice

Figure 4-4
-Refer to the Figure 4-4. If the price is $10, what would happen?

• A) There would be a shortage of 200 and the price would rise.
• B) There would be a surplus of 200 and the price would fall.
• C) There would be a shortage of 600 and the price would rise.
• D) There would be a surplus of 600 and the price would fall.

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Definitions:

Labour Relations Board

is a government agency responsible for regulating labor relations, including the certification of unions, oversight of collective bargaining, and adjudication of labor disputes.

Joining A Union

The process by which employees become members of a labor union, often seeking to improve working conditions, pay, or benefits through collective bargaining.

Canadian Employers

Organizations or individuals in Canada that hire and provide work for employees.