When an employer negotiates with an effective union, the wages of union members _____, and the number of jobs _____.
A) increase; decreases
B) increase; increases
C) decrease; decreases
D) decrease; increases
Correct Answer:
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Q54: How does the pay of unionized workers
Q55: Unions both _ and _.
A)boost company productivity;
Q56: What changes in a labor market graph
Q57: If workers in a labor market form
Q58: How might the formation of a union
Q60: Monopsony power exists in a labor market
Q61: A business using its bargaining power as
Q62: When an employer exerts monopsony power:
A)product prices
Q63: The _ wage resulting from an employer
Q64: When a minimum wage is imposed in
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