Which of the following economic effects of unions tends to improve efficiency?
A) featherbedding
B) strike or lockout
C) union wage advantage
D) voice mechanism

Question

Quizplus · Accepted Answer

The voice mechanism allows for workers to have a say in company decision-making which can lead to improved communication and cooperation between workers and management, thus improving overall efficiency. The other options (featherbedding, strike or lockout, union wage advantage) tend to have negative economic effects and do not improve efficiency.

Which of the Following Economic Effects of Unions Tends to Improve