Multiple Choice
Which of the following factors will reduce considerably the ability of a union to raise the wages of its workers?
A) An elastic demand for the goods produced by union labor.
B) Weak foreign competition for the product union labor helps to produce.
C) High tariffs on goods produced by the union labor.
D) Favoritism in the allocation of government contracts to firms that employ union labor.
Correct Answer:

Verified
Correct Answer:
Verified
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