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Author Question: Economists observe clear evidence of a union wage premium but do not observe the clear union effect ... (Read 73 times)

connormoss

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on: Oct 12, 2022
Economists observe clear evidence of a union wage premium but do not observe the clear union effect on employment levels predicted from theory. One explanation for this is
◦ that the labour supply curve, in the presence of a union, is very inelastic, which implies only a very small effect on employment.
◦ that the labour supply curve shifts to the right in the collective bargaining process, thereby eliminating any employment effect.
◦ that union-based advertising for the product increases demand for the product, shifts the demand curve to the right and eliminates any employment effect.
◦ the union's ability, through the collective bargaining process, to pressure firms to hire more workers than they otherwise would at the union wage.
◦ Both C and D are correct.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by connormoss on Oct 12, 2022

dianagarcia

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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connormoss

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

cpetit11

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Reply 3 on: Yesterday
Excellent

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