Multiple Choice
Which of the following statements about unions is true?
A) Laws allow unions to discriminate on the basis of gender and ethnicity.
B) Unions bargain for better working conditions at the cost of higher wages.
C) Unions create a surplus of labor by bargaining for wages that are greater than the value of the marginal product of labor.
D) Unions create compensating differentials.
Correct Answer:
Verified
Correct Answer:
Verified
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