Which of the Following Correctly Explains the Reason for the Decline

question 9

Multiple Choice

Which of the following correctly explains the reason for the decline in union membership in the U.S.post 1970s?

• A)The implementation of minimum wage laws that force employers to compensate low-skilled workers more.
• B)The fall in elasticity of demand for the products of certain industries,leading to an increase in the elasticity of the labor input.
• C)The irrelevance of union membership in technology sectors where demand for workers outstrips supply.
• D)The increase in labor supply due to a large number of baby boomers entering the workforce.