Which of the following is a method used by unions to increase the demand for their members' labor?
A) Support import restrictions.
B) Decrease the marginal product of union members.
C) Oppose immigration restrictions.
D) Oppose minimum wage laws.
A
Economics
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The demand for DVDs increases. As a result
A) the wage rate in the DVD industry increases and the quantity demanded of workers increases. B) the wage rate in the DVD industry increases and the quantity supplied of workers increases. C) the demand for labor increases and the supply of labor also increases, leaving wages unchanged. D) the demand for labor increases, but since the supply curve of labor is perfectly elastic, the wage rate does not change.
Economics
Limiting trade can be accomplished with
A. tariffs. B. non-tariff regulatory barriers. C. quotas. D. all of the above
Economics