Microeconomics: Private and Public Choice (MindTap Course List)
15th Edition
ISBN: 9781285453569
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Chapter ST9, Problem 5CQ
To determine
Check whether the statement is true or false.
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Trade unions seek to serve their members only. Discuss this premise.
Do you think that labor unions in this country have too much power or too little power?
Workers walk away from their jobs and refuse to return until the issue at hand has been resolved. This situation best describes which of the following union tactics?
Choose one answer
.a. Picketing
Boycott
Strike
Lockout
Chapter ST9 Solutions
Microeconomics: Private and Public Choice (MindTap Course List)
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- Are unions and technological improvements complementary? Explain why or why not.arrow_forwardWhat are the benefits and pitfalls of unions?arrow_forwardCommunist and socialist unions have not always supported collective bargaining because signing a contract limits worker freedom and legitimizes capitalism. True Falsearrow_forward
- What happens when a firm does not agree to the wages the employees of a union demand? Select the correct answer below: Nothing. The union workers do not have the ability to negotiate the salary. Union workers can go on strike demanding higher wages. Nothing. The union wages are based on a contract so they can't negotiate higher wages. The firm does not have the option to disagree, it must meet the wage demands of the union.arrow_forwardSuppose a union successfully negotiates a wage rate for its members that is above the competitive wage rate, then the union must also negotiate a fringe-benefit package that the membership will like. the union must find a way to ration jobs among the excessive number of workers who wish to work at the negotiated wage. employment in the union sector will increase. the union must find a way to make union workers more productive.arrow_forwardWhich 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 unionarrow_forward
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