Microeconomics
13th Edition
ISBN: 9781337617406
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 14.2, Problem 2ST
To determine
Explain the difference between closed shop and union shop.
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What are the different type of strike a labor union can form?
Briefly describe how labor unions can affect wages in non-unionized industries.
Some people have argued: "Any gains made by unions in the form of higher wages will create lower wages for non-unionized workers." Leaving aside whether this is actually the case or not, what is the economic logic behind such an argument?
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