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A-LevelEconomicsLabour MarketsFeb/Mar 2018Paper 3 Q171 Mark

What will increase the power of a trade union, allowing it to increase wages without reducing the employment of its members in a particular industry? A The economy is experiencing a fall in the price of capital. B The economy is experiencing rising employment. C The price elasticity of demand for the industry's goods is equal to 1. D The price elasticity of demand for the industry's goods is greater than 1.

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) Feb/Mar 2018 examination, Paper 3 Variant 2. It tests the topic of Labour Markets and is worth 1 mark.

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