If a Union Is Successful in Negotiating a Wage Rate

question 223

Multiple Choice

If a union is successful in negotiating a wage rate which is above the market clearing wage, then which of the following would not occur?

• A) The higher wages attract more workers leading to a shortage of jobs.
• B) Management may replace part of the workforce with machinery.
• C) To handle the surplus of labor the union will form a closed shop.
• D) The union may shift the supply of labor curve by developing methods to ration jobs.

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Definitions:

Consumer Behaviours

The study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.

Antisocial Behaviour

Actions that harm or lack consideration for the well-being of others and can range from minor disturbances to serious offenses.

Dog Feces

Refers to the solid waste produced by dogs.

Uncontrolled Dogs

Dogs that are not under the effective control of their owners, potentially leading to behavioral issues or risks to public safety.