If the United Auto Workers' Union obtained a 15 percent increase in the wages of its workers, employment in the auto industry would most likely fall if

a. the demand for American-made automobiles was highly inelastic.
b. American consumers considered foreign automobiles a poor substitute for American-made automobiles.
c. the demand for American-made automobiles was highly elastic.
d. the demand for American-made automobiles was increasing.


B

Economics

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Economics