The traditional (or orthodox) view of labor unions is that they
A)positively impact productivity and efficiency.
B)negatively impact productivity and efficiency.
C)drive an artificial wedge between the wages of comparable labor in the union and nonunion sectors of the labor market.
D)a and c
E)b and c

Question

Quizplus · Accepted Answer

The traditional view of labor unions suggests that they negatively impact productivity and efficiency by imposing additional costs and constraints on employers. Additionally, unions are believed to create a disparity in wages between unionized and non-unionized sectors, driving an artificial wedge between the wages of comparable labor.

The Traditional (Or Orthodox) View of Labor Unions Is That