passwella.
Menu

WAEC Economics 2015 Question 30

Question 30

Labour Market

Which of the following is not a strong basis for trade union's demand for higher wages? The

  1. A.company is making higher profit
  2. B.productivity of the workers has increased
  3. C.members of the union have high qualifications
  4. D.commodity produced by the workers is very essential.
Show the answer and explanation

Answer: C (members of the union have high qualifications)

Explanation

Wages are tied to profits, productivity and demand for the product; qualifications alone are a weaker basis.