Successful collective bargaining on the part of a labor


Successful collective bargaining (on the part of a labor union) will have what effect on the market for labor? It will

a) increase the demand for labor.

b) decrease the demand for labor.

c) decrease the supply of labor.

d) increase the supply of labor.

e) make the supply of labor curve horizontal at the wage specified in the contract.

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Business Economics: Successful collective bargaining on the part of a labor
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