What negative impacts can unions have on industries and theeconomy?
A) They can initiate worker strikes and sit-ins which stall production.
B) By limiting the supply of labor in one industry they can cause an increased supply of labor in other industries, which
Causes lower wages in those industries.
C) They can limit firms to hiring only unionized workers, which could stop firms from hiring the labor with the most
Appropriate skills.
D) All of the answers are correct.
Correct Answer:
Verified
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