Refer to the Following Diagram

question 19

Multiple Choice

refer to the following diagram. Wages in both the union and nonunion sectors are initially $10. The union then negotiates a wage rate of $12. The post-negotiation nonunion wage is not yet known.
-The product market effect would be modeled by shifting the:

• A)nonunion supply curve to the right,increasing the measured union wage advantage
• B)nonunion demand curve to the right,reducing the measured union wage advantage
• C)union demand curve to the right,increasing the measured union wage advantage
• D)union supply curve to the right,reducing the pure union wage advantage

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Definitions:

Salespeople and Customers

The relationship and interaction between those selling a product or service (salespeople) and those considering or making a purchase (customers).

Nervousness

The feeling of anxiousness or unease, typically about an imminent event or something with an uncertain outcome.

Sales Presentations

A strategic dialogue or demonstration by a salesman aimed at persuading customers to buy a product or service.

Empathy and Kindness

The ability to understand and share the feelings of others combined with the quality of being friendly, generous, and considerate.