Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
MsCorrine MsCorrine
wrote...
Go to Answer
Posts: 355
Rep: 15 0
5 years ago
If a union is successful in negotiating a wage rate which is above the market clearing wage, then which of the following would not occur?
A) The higher wages attract more workers leading to a shortage of jobs.
B) Management may replace part of the workforce with machinery.
C) To handle the surplus of labor the union will form a closed shop.
D) The union may shift the supply of labor curve by developing methods to ration jobs.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 25 times
2 Replies
Replies
Answer verified by a subject expert
shimyshiguyshimyshiguy
wrote...
#1
Posts: 111
Rep: 54 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

MsCorrine Author
wrote...
#2
5 years ago
White Heavy Checkmark Correct!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1149 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 931
  
 654
  
 326
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Do you believe in global warming?