Which of the Following Will Limit the Ability of a Union

question 304

Multiple Choice

Which of the following will limit the ability of a union to push the wages of its members much above competitive levels?

• A) the presence of nonunion firms that produce the same product as the unionized labor
• B) foreign competition in the market for the product produced by the unionized labor
• C) a highly elastic demand for the product supplied by the unionized labor
• D) all of the above

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Definitions:

Sound

Waves that propagate through the air or another carrier and can be detected by the ears of people or animals.

Wave Form

A graphical representation of the shape, amplitude, or frequency of a wave, especially as it relates to sound or electromagnetic waves.

Amplitude

The extent of a vibratory movement measured from the position of equilibrium.

Wavelength

The distance between successive crests of a wave, especially in sound or electromagnetic waves, determining its frequency and energy.