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If a Union Is Able to Organize Workers in a Competitive

question 73

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If a union is able to organize workers in a competitive labor market but the union cannot affect the demand for its members' labor,then the wage rate ________ and the quantity of labor hired ________.


Definitions:

Intensity

The degree of strength, force, or concentration applied in an action or condition.

Adolescence

The transitional stage of physical and psychological development that occurs between childhood and adulthood, typically considered to start with puberty.

Divorce Rates

The statistical measure of the number of divorces that occur within a population during a specified period.

Decreasing

Refers to the process of becoming less in size, amount, number, or degree.

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