Labor unions are restrained in their wage demands because:
A. legislation limits annual increa...
Business, 07.04.2020 18:47, schnefai000
Labor unions are restrained in their wage demands because:
A. legislation limits annual increases in nominal wages to 6 percent.
B. the labor demand curve is downsloping.
C. marginal wage cost curves lie above labor supply curves in most labor markets.
D. most unions deal with monopsonists who have superior bargaining power.
Answers: 2
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