Suppose That Butchers and Bakers Had No Unions

question 200

Multiple Choice

Suppose that butchers and bakers had no unions.Now suppose the butchers form a union.What does this do the labor supply of and wages of bakers?

• A)it increases the labor supply and wages of bakers.
• B)it increases the labor supply and decreases the wages of bakers.
• C)it decreases the labor supply and increases the wages of bakers.
• D)it decreases the labor supply and wages of bakers.

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Definitions:

Emotional Labour

Requirement for people to conform to emotional “display rules” in their job behaviour in spite of their true mood or emotions.

Cognitive Ability

The mental capacity to process information, solve problems, and make decisions.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Job Performance

Refers to the effectiveness with which an individual executes their job duties and responsibilities, often measured against predefined standards or objectives.