The primary purpose of a strike by labor unions is to

A) force the firm out of business.
B) extract from the firm better and improved conditions of work or contract terms.
C) secure a larger market share for the firm.
D) ensure they get paid for striking.

B

Economics

You might also like to view...

If the economy is at full employment, then an increase in government spending:

A. would simply crowd out private spending. B. would have too large an impact on real growth. C. would cause deflation, which would increase unemployment. D. is the right fiscal policy response.

Economics

Suppose that many coal mines are shut for environmental reasons. This will cause

A) no change in the supply curve, only a change in price. B) a movement up the supply curve. C) a decrease in the supply of coal (a leftward shift of the supply curve). D) an increase in the supply of coal (a rightward shift of the supply curve). E) a movement down the supply curve.

Economics