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If a Labor Union Wanted to Employ All Its Membership

Question 40

Multiple Choice

If a labor union wanted to employ all its membership it would most likely negotiate for a __________ than if it wanted to maximize the income of a limited number of union members.


A) wage that discounted for fixed costs
B) higher wage
C) wage that accounted for a percentage of sales revenues
D) lower wage
E) none of the above

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