When a Union Raises the Wage Above the Equilibrium Level,it

question 37

Multiple Choice

When a union raises the wage above the equilibrium level,it

• A)reduces both the quantity of labor supplied and the quantity of labor demanded.
• B)reduces the quantity of labor supplied and raises the quantity of labor demanded.
• C)raises the quantity of labor supplied and reduces the quantity of labor demanded.
• D)raises both the quantity of labor supplied and the quantity of labor demanded.

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Definitions:

Slander

The defamation action appropriate to oral defamation.

Libel

The defamation action appropriate to printed or written defamations, or to those that have a physical form.

Broadcasts

The distribution of audio or video content to a dispersed audience via any electronic mass communications medium.

Battery

An intentional tort that prohibits the harmful or offensive touching of another without his consent.