Multiple Choice
Unions often attempt to obtain stricter certification requirements and/or longer apprenticeships. These changes will tend to raise union workers' wages because they
A) create unnecessary unemployment.
B) shift the labor supply curve leftward.
C) decrease the marginal product of labor.
D) increase the demand for the product.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: An increase in the price of a
Q39: Which of the following is the best
Q40: The derived demand curve for a resource
Q41: Table 12-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7348/.jpg" alt="Table 12-3
Q42: If the price of airline tickets falls,
Q44: Why is a college graduate more likely
Q45: If skilled labor costs three times as
Q46: Suppose the United Auto Workers' Union succeeded
Q47: If the price of crude oil fell
Q48: If businesses found that changing economic conditions