Multiple Choice
If unions are successful at restricting the supply of unionized workers and increasing the demand for them
A) no wage differential will exist between union workers and nonunion workers.
B) the wage differential between union workers and nonunion workers will increase.
C) the wage differential between union workers and nonunion workers will decrease.
D) consumers will buy the union label.
Correct Answer:

Verified
Correct Answer:
Verified
Q173: In general, the union wage differential is
Q174: Which of these is MOST likely to
Q175: If the demand for luxury cruises is
Q176: What types of industries have been outsourced
Q177: Which change will cause the market labor
Q179: Which of these describes a labor market
Q180: Suppose the wage rate rises. After the
Q181: Due to an increase in the market
Q182: Which of these is NOT an example
Q183: (Table: Labor and Quantity of Output)