Suppose That Garbage Collectors and Landscaping Workers Have No Unions

question 29

Multiple Choice

Suppose that garbage collectors and landscaping workers have no unions.Now suppose that garbage collectors form unions.What does this do to the labor supply and wages of landscaping workers?

• A)Both labor supply and wages increase.
• B)Labor supply increases,and wages decrease.
• C)Labor supply decreases,and wages increase.
• D)Both labor supply and wages increase

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Definitions:

Price Range

The difference between the lowest and highest prices within a given market.

Price Inelastic

Refers to a condition where the demand for a good does not significantly change with a change in its price.

Bumper Crop

An exceptionally large harvest of crops in a given season, often beyond what was expected, typically resulting in decreased prices due to increased supply.

Farm Revenues

The total income received by a farm from the sale of its products and services.