Based on wage differentials between union and nonunion sectors, if unions were abolished, wages in the union sector would _____, and wages in the nonunion sector would _____.

Question

Quizplus · Accepted Answer

If unions were abolished, wages in the union sector would likely fall due to the loss of collective bargaining power, while wages in the nonunion sector might rise as the labor supply in that sector decreases.

Based on Wage Differentials Between Union and Nonunion Sectors, If