The fact that members of labor unions often have higher wages than workers who are not members of a union is proof that the marginal productivity theory of income distribution is not valid.

Question

Quizplus · Accepted Answer

The marginal productivity theory of income distribution suggests that wages are determined by the marginal productivity of labor. Union members may have higher wages due to collective bargaining, which can secure wages above the marginal productivity level, but this does not invalidate the theory itself.

The Fact That Members of Labor Unions Often Have Higher