Unions Often Oppose Increases in the Prices of Complementary Inputs

question 138

Multiple Choice

Unions often oppose increases in the prices of complementary inputs. (For example, truck drivers may oppose increases in taxes on diesel fuel.) They do this because increases in the prices of complementary inputs might

• A) increase the supply of competing labor through the output effect.
• B) increase the supply of competing labor through the substitution effect.
• C) decrease the demand for union labor through the output effect.
• D) decrease the demand for union labor through the substitution effect.

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Definitions:

Heterozygote Advantage

The phenomenon where individuals with two different alleles for a particular trait have a greater fitness than those with two identical alleles.

Frequency-Dependent Selection

A process of evolution whereby the success and reproductive viability of a genotype or phenotype is influenced by its commonness or rarity in comparison to other genotypes or phenotypes within the same population.

Genetic Drift

A mechanism of evolution that results in random changes in the allele frequencies of a population, often having a larger effect in small populations.

Gene Flow

The transfer of genetic variation from one population to another, which can lead to changes in the genetic composition of both populations.