Unions will be more effective at raising wages when it is difficult for nonunion competitors to enter the industry.

Name: Unions will be more effective at raising wages when it is difficult for nonunion competitors to enter the industry.
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Question

Quizplus · Accepted Answer

In industries where competitors find entry difficult, unions do not have to worry as much about a nonunion competitor with lower labor costs undercutting their prices.

Unions Will Be More Effective at Raising Wages When It