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Business, 07.04.2020 23:10 Pinkywoo

Labor unions are restrained in their wage demands because Multiple Choice

legislation limits annual increases in nominal wages to 6 percent.
the labor demand curve is downsloping.
marginal wage cost curves lie above labor supply curves in most labor markets.
most unions deal with monopsonists who have superior bargaining power.

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Labor unions are restrained in their wage demands because Multiple Choice

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