Author Question: If a union can successfully shift the demand curve for union labor rightward, the union can achieve ... (Read 445 times)

tichca · **on:** Jun 29, 2018

If a union can successfully shift the demand curve for union labor rightward, the union can achieve

A) an increase in wages and employment.
B) an increase in wages but a decrease in employment.
C) an increase in employment but a decrease in wages.
D) a decrease in both employment and wages.

Question 2

________ coordinate economic activity in which there are substantial ________.

A) Markets; team production efficiencies
B) Markets; transactions costs
C) Firms; economies of scale
D) Firms; principal-agent problems