Multiple Choice
If unions are successful in negotiating a wage higher than the market equilibrium wage,and also guarantee employers that they can hire as many labor hours as they desire per week at the union wage,
A) the quantity of labor demanded will exceed the quantity supplied at the union wage.
B) the quantity of labor demanded will equal the quantity supplied at the union wage.
C) the quantity of labor demanded will fall short of the quantity supplied at the union wage.
D) all workers who join the union will be guaranteed a job.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Until the _,most Americans had an unfavorable
Q41: Collective bargaining<br>A)deals only with issues relating to
Q42: Right to work laws<br>A)are part of the
Q43: An example of an inclusive union is<br>A)the
Q44: Exclusive union strategy involves<br>A)increasing the demand for
Q46: Each of the following has at one
Q47: A pure monopsonist<br>A)is the sole buyer of
Q48: In 2009,approximately _ percent of the public
Q49: Compared to France,the U.S.has a _ union
Q50: Statement I: The collective bargaining weapon of