Which of the following will not happen if trade union forces up the wage bill?

Business Management Mcqs
BILAL KHATTAK0

A.Other things remaining the same firms profit will fall
B.More men will be employed because the higher wages attract them
C.Prices of the product will soon rise
D.Employers will substitute machines for men where possible
E.Fewer men will be employed

Related Mcqs:

  1. Essential feature of deflation is
  2. During inflation
  3. Time study is not used
  4. A fall in demand for the product of a monopolised industry when predicted with lead to
  5. The employer said to the workman, “I cannot pay you higher wages.”
  6. A small plastic boat loaded with pieces of steel rods is floating in a bath tub. It the cargo is dumped into the water allowing the boat to float empty, the water level in the tub will
  7. The drawer of a trade bill passes relevant entries with regard to the transaction involved in it. But, in case of an accommodation bill, he passes an entry in addition to the usual entries. The additional entry so passed is with respect to?
  8. Which Trade Union has affiliation to Congress party
  9. Real wages represent
  10. Which of the following is not true of capitalism?

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