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hiusy98 hiusy98
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7 years ago
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.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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sofreshsofresh
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Posts: 466
7 years ago
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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hiusy98 Author
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7 years ago
This course was so challenging before I signed up here, thanks
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