An Industrial Union Can Obtain a Wage Higher Than the Competitive

question 62

Multiple Choice

An industrial union can obtain a wage higher than the competitive level _____

• A)without any change in total employment.
• B)at the cost of a reduction in total employment.
• C)and achieve higher total employment as well.
• D)and achieve the same level of total employment as the competitive market.
• E)and thus increase the quantity of labor demanded.

---

Definitions:

Continental Shelf

A gently sloping, submerged surface extending from the shoreline towards the deep ocean.

Coastal Zone

The interface between land and sea, including both coastal waters and shorelines, which is characterized by its unique ecosystems and is subject to specific environmental pressures.

Abyssal Zone

A deep-sea region characterized by very high pressure, low temperatures, and complete darkness, found at depths of about 2,000 to 6,000 meters.

Benthic Zone

The ecological region at the lowest level of a body of water, including the sediment surface and sub-surface layers, home to a wide variety of organisms.