Union leaders are in a better position to bargain for higher wages if demand for labour is

Related MCQs

• Union leaders are in a worse position to bargain for higher wages if demand for labour is
• Of ‘real wages’ and ‘money wages’
• The ‘iron law of wages’ is
• Subsistence theory of wages was used by
• A situation in which it is impossible to make anyone better-off without making someone worse-off is said to be
• If any policy change benefits any one section of the society (gainers) to such an extent that it is better off even after the payment of compensation to the other sections of the society (losers) out of the benefits received, then that change leads to
• Under Marginal productivity Theory, reward for labour is determined by
• A decrease in the supply of labour is likely to lead to:
• The firm is in equilibrium in the factor market when it employs units of labour upto the point where
• The labour market equilibrium determines the wage rate and