When a union bargains successfully with employers, in that industry,a. both the quantity of labor supplied and the quantity of l

Question

3 years ago

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When a union bargains successfully with employers, in that industry,a. both the quantity of labor supplied and the quantity of l

abor demanded increase.b. both the quantity of labor supplied and the quantity of labor demanded decrease.c. the quantity of labor supplied increases and the quantity of labor demanded decreases.d. the quantity of labor demanded increases and the quantity of labor supplied decreases.

Business

1 answer:

Westkost [7] · Answer 1 · 2022-03-04T20:01:32+03:00

Answer:

c. the quantity of labor supplied increases and the quantity of labor demanded decreases.

Explanation:

The union successfully increase the price for wages thus, the supply will increase.

Also, because the wages cost in benefit or wages are higher the demand for labor in the industry will be lower the entrepreneur will look at ways to use less people to avoid higher labor cost.