Which of the Following Statement(s) Is (Are) True

Multiple Choice

Which of the following statement(s) is (are) true?
I. A labor union can choose to maximize profit, maximize total wages of its members, or accept the competitive wage.
II. The number of workers employed when a union is present is generally greater than the number employed in a perfectly competitive labor market.
III. The wage rate paid to union workers typically exceeds that of workers in a competitive market.

A) I, II, and III
B) III
C) I and III
D) II and III