Increasing the demand for union-made products is likely to cause the wage of union workers to ________ and the quantity of labor employed in unionized industries to ________, all other things unchanged.

Question

Quizplus · Accepted Answer

Increasing demand for union-made products would likely result in higher wages for union workers as companies would need to pay higher wages to attract and retain workers. This would also lead to an increase in the quantity of labor employed in unionized industries as more workers would be needed to meet the higher demand for union-made products.

Increasing the Demand for Union-Made Products Is Likely to Cause