If a union cannot increase the demand for union labor, then an increase in union wages will result in a decrease in union employment

Refer to Scenario 5.3. Based on the 10 years' past performance, what is the probability of a good year for Zowiebo?

A) 30/31 B) 1/31 C) 0.9 D) 0.1

When comparing point A, which lies within a utilities possibilities frontier, with point B, which lies on the same utilities possibilities frontier,

A) A is necessarily more efficient than B. B) A is necessarily more equitable than B. C) B is necessarily more efficient than A. D) B is necessarily more equitable than A.