Other Things Being Equal,a Labor Union Will Find It Harder

question 88

Multiple Choice

Other things being equal,a labor union will find it harder to get a wage increase for its members the:

• A) less elastic is the demand for the product labor produces.
• B) easier it is to substitute other resources for labor.
• C) greater the amount of unionization in the industry.
• D) less elastic is the demand for labor.

---

Definitions:

Adverse Publicity

Negative media coverage or public attention that can potentially harm an organization's reputation or financial standing.

Advocacy

The act of publicly supporting or recommending a particular cause or policy.

Lorillard Tobacco Co.

An American tobacco company known historically for producing cigarettes and other tobacco products.