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A Labor Union Undertakes a Training Program for Its Members

Question 110

Multiple Choice

A labor union undertakes a training program for its members. The objective of the training program is to


A) increase substitute factor prices.
B) increase the marginal physical product of its members and therefore increase the demand for their services.
C) reduce the availability of substitutes for the product it produces.
D) lower the supply of its labor.
E) none of the above

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