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If Unions Are Successful in Negotiating a Wage Higher Than

Question 45

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.

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