Which of the following best describes the impact of unionization on given occupations?
A) It results in ease of entry and tends to lead to an increase in wage rates.
B) It results in ease of entry and tends to lead to a decrease in wage rates.
C) It results in barriers to entry and tends to lead to a decrease in wage rates.
D) It results in barriers to entry and tends to lead to an increase in wage rates.
Correct Answer:
Verified
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