Compared to the case of an individual worker bargaining with his/her firm, the financial returns to additional amounts of education or experience are generally_______ with collective bargaining, thus for the most skilled category, the non-union workers earn
________.

Question

Quizplus · Accepted Answer

Collective bargaining typically results in higher financial returns for additional education or experience compared to individual bargaining. However, for the most skilled category, non-union workers may earn less due to the union's ability to negotiate higher wages for its members.

Compared to the Case of an Individual Worker Bargaining with His/her