If a Union Is Able to Increase the Demand for Union-Made

question 189

Multiple Choice

If a union is able to increase the demand for union-made goods,

• A)wages will increase but employment will decrease
• B)wages will increase and employment will increase
• C)wages will decrease but employment will increase
• D)wages will decrease and employment will decrease
• E)the demand for non-union labor will increase

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Definitions:

Attractive Location

pertains to a site or place with qualities that are appealing to businesses, investors, or residents, often due to factors like economic opportunities, natural beauty, or favorable conditions.

Composite Score

An overall score derived from combining several individual scores, often used in assessments or evaluations.

Public Transit

A system of various transport modes such as buses and trains operated by a city or region to provide a shared travel service to the public.

Labour Cost

The total amount of money that businesses have to pay to their employees, encompassing wages, benefits, and taxes.