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    Economics Study Set 10
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    Exam 27: Wages Unions and Labor
  5. Question
    For a Union to Be Successful in Increasing the Total
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For a Union to Be Successful in Increasing the Total

Question 56

Question 56

Multiple Choice

For a union to be successful in increasing the total wage bill received by its members by forcing up the wage rate, the demand curve for labor needs to be


A) elastic.
B) perfectly elastic.
C) unitary elastic.
D) inelastic.

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