3. If a company increases its workforce from 10 to 17 workers and as a result the total output changes from 30 units to 44 units, what is the marginal product for the increased workers? a. 2.0 b. 2.4 c. 3.2 d. 4.07. Management introduces a training program to improve the productivity of workers. If the program is successful, one would expecta. a decrease in the demand for workers.b. a decrease in the supply of workers. c. an increase in the demand for workers.d. an increase in the supply of workers.8. Many companies in an industry introduce capital goods that improve the productivity of the workforce. The resulting impact on the labour market would bea. a decrease in demand and a decrease in the wage rate.b. a decrease in quantity demanded and an increase in the wage rate.c. an increase in demand and an increase in the wage rate.d. no change in demand and no change in the wage rate. 9. Which of the following is likely to shift the labour supply curve for doctors to the right?a. a change in the distribution of population that sees a greater proportion of the workforce in general retiringb. a decrease in income tax ratesc. an improvement in the productivity of labourd. an increase in demand for medical services10. Which of the following will not shift the labour supply curve?a. changes in household technology b. changes in income ratesc. changes in the size of the populationd. changes in worker productivity11. When there is an increase in the demand for air travel,a. the labour demand curve for pilots will shift to the left.b. the labour demand curve for pilots will shift to the right.c. the labour supply curve for pilots will shift to the right.d. the labour supply curve for pilots will shift to the left.13. Which of the following is an example of human capital investment? a. paying workers a higher wage than the equilibrium wage rate b. buying machinery to improve worker productivity c. providing an on-the-job training opportunity for employees d. supplying workers with tools to improve their productivity14. The competitive labour market would correct a shortage of labour bya. introducing a minimum wage.b. lowering the wages of workers.c. raising the wages of workers.d. reducing the demand. 15. Wage differentials are explained bya. differences in education levels obtained by workers.b. the amount of danger involved in jobs.c. the geographic location of jobs.d. all of the above.16. Between 1999 and 2004, economic growth in Canada was expected to account for what percentage of new job openings? a. 30 per cent b. 40 per cent c. 50 per cent b. 60 per cent17. Of new job openings in Canada between 1999 and 2004, what percentage is expected to be in the service sector of the economy? a. 60 per cent b. 70 per cent c. 80 per cent d. 90 per cent22. Which of the following is an example of a public sector union?a. CAWb. COLAc. CUPEd. MRPL23. Which of the following is not an example of a public sector union?a. CLCb. CUPEc. CUPWd. PSAC25. Legislation restricting unions' right to strike and requiring employers to bargain with a union if the majority of workers voluntarily agree to have the union represent them was passed by the federal government in which year?a. 1923b. 1933c. 1943d. 195326. Unions might use any of the following strategies in negotiating a collective agreement excepta. boycott.b. lockout.c. strike.d. work-to-rule.27. Union membership is voluntary ina. a closed shop.b. a union shop.c. an open shop.d. all of the above.28. Management may hire only workers who are already union membersa. according to COLA.b. according to the Rand Formula.c. when there is a closed shop.d. when there is a work-to-rule.29. Which of the following describes the process by which a third party chooses the position that is most fair in reaching a collective agreement?a. arbitrationb. conciliationc. mediationd. Rand Formula40. If there are 20 identical firms in the widget market, and the cost of hiring an additional worker is $1200, how many widget workers in total would be hired? a. 100 b. 120 c. 140 d. 160

40. Production and Revenue Information for a Widget Firm Units of labour Output (total product) Price per unit $30 30 $