If a labor union wanted to employ all its membership it would most likely negotiate for a __________ than if it wanted to maximize the income of a limited number of union members.
A)wage that discounted for fixed costs
B)higher wage
C)wage that accounted for a percentage of sales revenues
D)lower wage

Question

Quizplus · Accepted Answer

A lower wage would make it more attractive for employers to hire more workers, thus employing more union members.

If a Labor Union Wanted to Employ All Its Membership