ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 12, Problem 3.7P
To determine
Identify the strategies of the union to achieve their wage objectives
Concept Introduction:
Objectives: The aim or goal that a group of individuals works towards to be achieved in the future.
Strategy: The medium to long term plan or action used to achieve the overall aim of the union.
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3. Contrasting labour union laws in two provinces
Consider two provinces that adopt different laws concerning labour unions.
NOTE: MAKE SURE TO PROPERLY ADJUST BOTH GRAPSH. MAKE SURE YOU SHOW CLEARLY WHAT NEEDS TO BE ADJUSTED!
12. Which of the following is NOT a way for employees to become unionized?
Select one:
a. Nonunion employees may organize a union
b. Employees covered by a collective bargaining agreement may decide to join the union
c. Unionized employees may organize a union
d. New employees may be required to join a union
What may be a consequence of laws on labor unions and employment in Western Europe that make it difficult to terminate employees?
Select one:
a. companies may choose to hire many employees
b. companies may be reluctant to hire many employees
c. employee compensation decreases
d. succession planning becomes less relevant
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- 8. Problems and Applications Q8 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. A)The wage of manufacturing workers will rise. B)The quantity of manufacturing workers demanded will fall. C)The quantity of manufacturing workers supplied will rise. D)There will be an increase in employment of manufacturing workers. Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers, which is not unionized? Check all that apply. A)The wage of service workers will fall. B)The supply of service workers will rise. C)The demand for service workers will fall. D)There will be an increase in employment in the service sector. Note:- Please give the…arrow_forwardA works Council or Committee is composed of both employer and employees convened to discuss matters of common interest concerning a factory, plant, business policy, etc, not covered by regular trade union agreements. Which of the following cannot be considered by "works committee"? Select one: a. Sports and Health activities b. Safety and Drinking water facilities c. Wages and allowance d. Celebration and Adjustment of festivalsarrow_forwardStatement: Putski Concrete Co. hires one additional worker. Output goes up by 10 units per day. This must have been a good (i.e. profit-maximizing) hiring decision. If you believe the statement is false, you need to correct it. Your answer: Ture/False? Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forward
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