Solved

FIGURE 11-2 -Refer to Figure 11-2. When Unions Successfully Increase the Wages

Question 168

Multiple Choice

FIGURE 11-2
FIGURE 11-2 -Refer to Figure 11-2. When unions successfully increase the wages of their members, what happens to the supply curve and workers in the union sector? A) The curve shifts from S1 to S2 and workers from L2 to L1 lose their jobs. B) The curve shifts from S2 to S1 and workers from L2 to L1 lose their jobs. C) The curve shifts from S1 to S2 and workers from L3 to L1 lose their jobs. D) The curve shifts from S2 to S1 and workers from L3 to L1 lose their jobs.
-Refer to Figure 11-2. When unions successfully increase the wages of their members, what happens to the supply curve and workers in the union sector?


A) The curve shifts from S1 to S2 and workers from L2 to L1 lose their jobs.
B) The curve shifts from S2 to S1 and workers from L2 to L1 lose their jobs.
C) The curve shifts from S1 to S2 and workers from L3 to L1 lose their jobs.
D) The curve shifts from S2 to S1 and workers from L3 to L1 lose their jobs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q64: Discrimination occurs when someone is denied employment

Q163: When a firm is competitive in both

Q164: If the demand for hockey players increases

Q165: Why do scholars argue that government activity

Q167: From a purely economic point of view,

Q169: Increases in income from sources other than

Q170: If a specific labour market is considered

Q171: Which of the following results in a

Q172: What do improvements in the productivity of

Q173: How does employment under a monopsony differ