Suppose That Bartenders and Waiters Have No Unions

question 8

Multiple Choice

Suppose that bartenders and waiters have no unions.Now suppose that bartenders form a union.What does this do the labor supply and wages of waiters?

• 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 decrease.

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Definitions:

Automatic Processing

Unconscious encoding of incidental information, such as space, time, and frequency, and of well-learned information, such as word meanings.

Conscious Awareness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and environment.

Iconic Memory

A momentary sensory memory of visual stimuli; a photographic or picture-image memory lasting no more than a few tenths of a second.

Encoding

The process of converting information into a form that can be stored in memory.