Week 7 discussion

What percentage of wage and salary workers are union members? Is this percentage higher, or is it lower, than in previous decades? Which of the factors explaining the trend do you think is most dominant?

1. If you worked for a union, would you accept higher wages if it meant others would be laid off? Why or why not?   2. Draw a picture of the backward bending supply curve. Make it your individual supply curve with wages you would accept and the time you would be willing to work. Have at least five points that connect together to make a curve. Your curve can be drawn, or you can use excel to create a chart.

The town of Bookville has a massive public library system. Bookville's municipal government faces a tradeoff between retaining the current number of library workers and replacing some of its workers with computers. The four options available to the government are given in table below.     Number of workers Number of computers Choice A 30 50 Choice B 20 100 Choice C 10 150 Choice D 5 300   Computers and software cost $5,000 each and must be replaced each year. In a non-unionized labor market, workers are paid $20,000 per year. In these circumstances, the optimal choice from a cost perspective for the city government is Question 4 options:   Choice A   Choice B   Choice C   Choice D

Do you think that labor unions in this country have too much power or too little power?

My dear good expert hand written not allowed.

Would you expect the presence of the labor unions to lead to higher or lower pay for worker-members in the short run? What about the long run?

What is the primary objective of labor unions? A. Increasing corporate profits B. Reducing government intervention in labor markets C. Negotiating wages and working conditions for their members D. Enhancing consumer satisfaction

1. Discuss the role of the following in the process of organizing a labor union: employee, employer, DOLE. 2. You are the negotiator in the latest Philippine Airlines Employees Association/Philippine Airlines (PALEA/PAL) contract. What would you do if negotiations reached a bargaining deadlock? Be specific and explain the consequences of any proposed action. 3. Are you for or against Union? What can you say about the weakening of labor movement in the Philippines because of the growth of business process outsourcing?

Please help with the attached:

Firm would hire 20,000 workers if the wage rate is $12 but will hire 10,000 workers ifthe wage rate is $15. Firm B will hire 30,000 workers if the wage is $20 but will hire 33,000workers if the wage is $15. The workers in which firm are more likely to organize and forma union?

Think about the labor market for orthodontists in the United States. Suppose a union is organized, and it successfully increases job qualification standards, meaning orthodontists have to acquire additional skills to meet the new standard. Assume the value of the marginal product does not change. All else equal, which labor market curve is impacted by the organization of a union and what happens to orthodontists' wages : and employment? labor demand shifts left; wage decreases and employment decreases O labor demand shifts right; wage increases and employment increases O labor supply shifts left; wage decreases and employment increases O labor supply shifts right; wage increases and employment decreases O labor supply shifts left; wage increases and employment decreases

What are the potential economic consequences of a union's influence on labor markets, and how do they differ across industries and regions?

Which of the following are reasons why union membership is in decline in the United States? Choose all that apply.   a Public opinion of unions has declined as many factories have moved overseas for cheaper labor costs. b Many employers are opposed to their employees joining a union. c Union members generally earn less and have poorer working conditions than those who are not in unions. d Employment patterns have changed in the United States since the time when unions reached their peak.

Table 14.12 shows the quantity demanded and supplied in the labor market for driving city buses in the town of Unionville, where all the bus drivers belong to a union. Wage Per Hour Quantity of Workers Demanded Quantity of Workers Supplied $14 12,000 6,000 $16 10,000 7,000 $18 8,000 8,000 $20 6,000 9,000 $22 4,000 10,000 $24 2,000 11,000 Table14.12 What would the equilibrium wage and quantity be in this market if no union existed? Assume that the union has enough negotiating power to raise the wage to $4 per hour higher than it would otherwise be. Is there now excess demand or excess supply of labor?

In what ways do you believe the Alphabet Workers Union will enable a more outspoken and empowered workforce at Google and elsewhere (for example, tech employees at the New York Times)? What are the most significant obstacles in your opinion?

What economic factors influence the success or failure of labor strikes, and how do these factors impact both workers and employers?

Touch upon the idea of how labor unions advocate and defend minimum wage legislation. Research and state whether you believe this to be true or false, defend your position.