If a Union Negotiates a Wage Greater Than the Competitive

question 202

True/False

If a union negotiates a wage greater than the competitive wage, the total union wage bill will necessarily decrease.

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Definitions:

Presynaptic Terminals

The end points of nerve cells (neurons) where neurotransmitters are released to transmit signals to other neurons or muscles.

IPSP

Inhibitory postsynaptic potential; a synaptic potential that makes a postsynaptic neuron less likely to generate an action potential.

Hyperpolarizes

The process of increasing the negative charge within a neuron beyond its resting potential, making it less likely to fire an action potential.

Presynaptic Terminal

The end point of a neuron that conducts electrical signals and releases neurotransmitters to communicate with a neighboring neuron at a synapse.