If a union establishes by collective bargaining a wage rate that is above a competitive market equilibrium wage rate, then
A) an excess quantity of labor will be supplied.
B) a shortage of labor will result.
C) there will be an increase in total employment.
D) management will want to substitute labor for machinery.
Answer: A
Economics
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Explain how the largest sources of state tax revenues differs from the largest sources of federal tax revenues
What will be an ideal response?
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What are the possible benefits of collusion to a firm?
What will be an ideal response?
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Which one of the countries below announces inflation targets?
A) Japan B) U.S. C) Canada D) Mexico E) Nicaragua
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