Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply. O The wage of manufacturing workers will rise. O The quantity of manufacturing workers demanded will fallI. O The quantity of manufacturing workers supplied will rise. O There will be an increase in employment of manufacturing workers.
Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply. O The wage of manufacturing workers will rise. O The quantity of manufacturing workers demanded will fallI. O The quantity of manufacturing workers supplied will rise. O There will be an increase in employment of manufacturing workers.
Chapter10: Labor Markets And Income Distribution
Section: Chapter Questions
Problem 12SQ
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I need more insight on this question, I feel like I have it wrong so I chose these two options I just want to know if I am on the right path
~The wages of manufacturing workers will rise
~The Quantity of manufacturing workers will rise
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