If the United Mine Workers successfully negotiates a wage that is ...

[dollx]

If the United Mine Workers successfully negotiates a wage that is higher than the competitive wage,
 a. an excess demand for labor is created
  b. a surplus of labor is created
  c. the demand for labor increases
  d. the supply of labor decreases
  e. the quantity of labor demanded increases

Question 2

Which of the following is not true of the terms of trade?
 a. They are determined by supply and demand factors.
  b. They lie somewhere between the opportunity costs of the trading partners.
  c. GATT begins negotiations on the terms of trade.
  d. They depend on negotiations between trade partners.
  e. They often favor one partner more than the other.

[jaaaaaaa]

Answer to Question 1

B

Answer to Question 2

C

[dollx]

Thank you

[jaaaaaaa]

No problemo