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Sometimes Labor Unions Try to Increase the Demand for the Product

Question 37

Multiple Choice

Sometimes labor unions try to increase the demand for the product they produce. They do so because the demand for labor is derived; and the __________ the demand for the product labor produces, the __________labor and the __________ wages will be, ceteris paribus.


A) higher; greater the supply of; lower
B) higher; lower the demand for; higher
C) higher; higher the demand for; higher
D) lower; higher the demand for; higher

Correct Answer:

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