Solved

Suppose the Market for Industrial Workers Has Recently Unionised and Successfully

Question 148

Multiple Choice

Suppose the market for industrial workers has recently unionised and successfully negotiated a mandatory breaks every two hours.The market has the usual characteristics, with downward sloping demand and upward sloping supply.Which of the following statements regarding unionisation is true?
(i) mandatory breaks means each worker becomes less productive, shifting labour demand downwards
(ii) mandatory breaks means each worker becomes less productive, lowering the value of the marginal product of labour
(iii) mandatory breaks increases the non-monetary benefits of industrial work, leading to an increase in labour supply


A) (i) and (ii)
B) (ii) and (iii)
C) (i) and (iii)
D) (i) , (ii) and (iii)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents