The bargaining power that a union has is most closely related to:

Name: The bargaining power that a union has is most closely related to:
Brand: Quizplus
Rating: 5.0 (53 reviews)

Question

Quizplus · Accepted Answer

The bargaining power of a union is most closely related to the elasticity of labour demand because it reflects how easily employers can substitute other inputs for the labour provided by union members. If labour demand is inelastic, employers have less ability to replace workers, giving the union more bargaining power.

The Bargaining Power That a Union Has Is Most Closely