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Economics (AS & A Level) · Oct / Nov 2022 · Paper 32 · Question 17

9708Labour market forces and government intervention

When is a trade union less likely to gain a large pay rise for its workers?

  1. AIt represents a large proportion of the workforce in the company.
  2. BIt represents a workforce that has an elastic demand for its labour.
  3. CIt represents a workforce that is increasing its labour productivity.
  4. DIt represents a workforce that works for a highly profitable monopoly firm.

As printed in the paper

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Correct answer: B. It represents a workforce that has an elastic demand for its labour.

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