If a union is able to restrict the supply of a non-union-made substitute product,

a. wages will increase but employment will decrease
b. wages will increase and employment will increase
c. wages will decrease but employment will increase
d. wages will decrease and employment will decrease
e. the demand for non-union labor will increase

B

Economics

You might also like to view...

What is the Human Development Index?

What will be an ideal response?

Economics

If an economy is at equilibrium, it will also be operating at full employment

a. True b. False

Economics