A labor union undertakes a training program for its members. The objective of the training program...
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A labor union undertakes a training program for its members. The objective of the training program is to a. increase substitute factor prices. b. increase the marginal physical product of its members and therefore increase the demand for their services. c. reduce the availability of substitutes for the product it produces. d. lower the supply of its labor. A labor union undertakes a training program for its members. The objective of the training program is to a. increase substitute factor prices. b. increase the marginal physical product of its members and therefore increase the demand for their services. c. reduce the availability of substitutes for the product it produces. d. lower the supply of its labor.
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A Increase substitute factor prices The substitute goods in economics are those categories of ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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