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A

Anonymous

Jan 12, 2025

Compared to a competitive labor market workers participating in an inclusive union will enjoy:.A. Higher wages and more workers employed.

Compared to a competitive labor market, workers participating in an inclusive union will experience: A. Higher wages and increased employment levels. B. Higher wages but fewer workers employed. C. Outcomes with pay and employment that are similar to those in a competitive labor market.

3 Answers

A
Anonymous

Feb 12, 2025

.B. Higher wages and fewer workers employed.Explanation:An inclusive union will have all the workers in an industry in it. This means that the Union will have significant bargaining power with the companies in this industry. As a result they will push for greater employee welfare which will include higher wages.Higher wages will mean that the production cost for companies will increase as labor is an input in production. With this increase in production cost, producers will seek to reduce their costs and will employ less workers which will lead to this industry having higher wages and fewer workers employed.
A
Anonymous

Feb 10, 2025

answerblank(1) negatively.blank(2); rises; blank(3) falls;

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