107.
Construction workers frequently sponsor political lobbying in support of greater public spending on
highways and public buildings. One reason they do this is to:
A.
restrict the supply of construction workers.
B.
increase the elasticity of demand for construction workers.
C.
increase the demand for construction workers.
D.
increase the price of substitute inputs.
AACSB: Reflective Thinking Skills
Blooms: Application
Learning Objective: 13-4
McConnell - Chapter 13 #107
Topic: Union models and licensure
108.
Unions often oppose increases in the prices of complementary inputs (for example, truck drivers
may oppose increases in taxes on diesel fuel). They do this because increases in the prices of
complementary inputs might:
AACSB: Reflective Thinking Skills
Blooms: Understanding
Learning Objective: 13-4
McConnell - Chapter 13 #108
Topic: Union models and licensure
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109.
Craft unions:
AACSB: Analytical Skills
Blooms: Knowledge
Learning Objective: 13-4
McConnell - Chapter 13 #109
Topic: Union models and licensure
110.
Labor unions are restrained in their wage demands because:
AACSB: Reflective Thinking Skills
Blooms: Understanding
Learning Objective: 13-4
McConnell - Chapter 13 #110
Topic: Union models and licensure
111.
A shift in union labor demand from
D
1
to
D
2
in the above diagram might be the result of:
A.
a refusal by union members to buy the product they are producing.
B.
an increase in tariffs on products competing with those produced by relevant union workers.
C.
increases in the prices of complementary inputs.
D.
a strike (work stoppage) by the union.
AACSB: Reflective Thinking Skills
Blooms: Application
Learning Objective: 13-4
McConnell - Chapter 13 #111
Topic: Union models and licensure

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- Fall '11
- Smith
- Supply And Demand, wage rate
-
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