O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2016 · Q81 Mark

What might be a disadvantage to a trade union when arguing for an increase in its members' pay?

Aan increase in imports of a cheaper, similar product

Bthe closure of a local training college resulting in fewer potential workers

Cthe development of a new and profitable brand of the company's product

Dthe development of new techniques that increase productivity

✓ Correct answer

A: an increase in imports of a cheaper, similar product

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2016 Paper 1 Variant 2, question 8.

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