Increases in the Minimum Wage Can Help Unions by

question 30

Multiple Choice

Increases in the minimum wage can help unions by

• A) increasing the welfare of non-union workers.
• B) increasing the demand for labor.
• C) increasing costs faced by employers.
• D) increasing the cost of substituting non-union labor for union labor.

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Definitions:

Restriction

A rule or condition that limits or controls someone's actions or a particular activity.

Business Elsewhere

The decision by a customer to take their business to a competitor or alternative provider, usually due to dissatisfaction.

Necessary

Items or services considered essential for basic living and survival, often distinguishing between luxury goods and necessities for legal and economic purposes.

Custom-Made

Items or products that are specifically designed and produced to meet the unique requirements of an individual or entity.