Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 21

Suppose that you are the president of a newly established local union about to bargain with an employer for the first time. List the basic areas you would want covered in the work agreement. Why might you begin with a larger wage demand than you actually are willing to accept What is the logic of a union threatening an employer with a strike during the collective bargaining process Of an employer threateningthe union with a lockout What is the role of the deadline in encouraging agreement in collective bargaining