Unions can affect the demand for, but not the supply of, labor.

Name: Unions can affect the demand for, but not the supply of, labor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Unions can affect both the demand for and the supply of labor. Unions can negotiate for higher wages and better working conditions, which can increase the cost of labor and potentially decrease the demand for workers. On the other hand, unions can also seek to increase the supply of workers by pushing for greater investment in education and job training programs.

Unions Can Affect the Demand For, but Not the Supply