Question: 1. Explain how a labor union canattempt to lower the elasticity of demand for its labor. 2. Explain how a labor union can attempt to

1. Explain how a labor union canattempt to lower the elasticity of demand for its labor.
2. Explain how a labor union can attempt to increase the demand for its labor.
3. Explain how a labor union canattempt to decrease the supply of union labor.
4. Explain how a labor union can affect wages directly.
5. Explain the purpose of a strike.

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