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Suppose a Union Successfully Negotiates a Wage Rate for Its

Question 25

Multiple Choice

Suppose a union successfully negotiates a wage rate for its members that is above the competitive wage rate, then


A) employment in the union sector will increase.
B) the union must find a way to make union workers more productive.
C) the union must also negotiate a fringe-benefit package that the membership will like.
D) the union must find a way to ration jobs among the excessive number of workers who wish to work at the negotiated wage.

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