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Other Fields Homework Help Economics Topic started by: hiusy98 on Jan 23, 2017



Title: Many unions attempt to raise the hourly wages received by their members by restricting the supply of ...
Post by: hiusy98 on Jan 23, 2017
Many unions attempt to raise the hourly wages received by their members by restricting the supply of workers firms can hire from. Assuming the demand for workers who belong to these unions is inelastic, this would cause:
A) wages of individual union members to decrease and the total (combined) income of union members to increase.
B) wages of individual union members and the total (combined) income of union members to decrease.
C) wages of individual union members to increase and the total (combined) income of union members to decrease.
D) wages of individual union members and the total (combined) income of union members to increase.


Title: Re: Many unions attempt to raise the hourly wages received by their members by restricting the ...
Post by: sofresh on Jan 23, 2017
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Title: Re: Many unions attempt to raise the hourly wages received by their members by restricting the supply of ...
Post by: hiusy98 on Mar 27, 2017
This course was so challenging before I signed up here, thanks