Which of the Following Is Correct

question 33

Multiple Choice

Which of the following is correct?

• A)In unionized industries,wages are below the level that would prevail in competitive markets.
• B)The introduction of a union in an industry increases the quantity of labor demanded in that industry,causes some workers in that industry to be unemployed,and increases wages in the rest of the economy.
• C)Critics argue that the allocation of labor resulting from unions is both inefficient and inequitable.
• D)All of the above are correct.

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Definitions:

Advanced Activities

Complex tasks or actions that require a higher level of skill, planning, or effort, often related to personal or professional development.

Recreational Activities

Activities undertaken for enjoyment, relaxation, or leisure, not related to occupational or necessary tasks.

Daily Living

The activities and tasks performed on a regular basis for personal care, home maintenance, and engaging with society.

Functional Ability

Refers to an individual's capacity to perform tasks or activities that support their daily living and independence.