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  2. Topic
    Business
  3. Study Set
    Microeconomics 2
  4. Exam
    Exam 3: Factor and Product Markets, Equilibrium, and Production Factors
  5. Question
    Union Leaders Are in a Better Position to Bargain for Higher
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Union Leaders Are in a Better Position to Bargain for Higher

Question 2

Question 2

Multiple Choice

Union leaders are in a better position to bargain for higher wages if demand for labour is


A) Elastic
B) Inelastic
C) Very large
D) Permanent

Correct Answer:

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