When a union bargains successfully with an employer,in that industry
A)unemployment and wages increase.
B)unemployment and wages decrease.
C)unemployment decreases and wages increase.
D)unemployment increases and wages decrease.

Question

Quizplus · Accepted Answer

When a union bargains successfully, it typically secures higher wages for its members. However, this can lead to higher unemployment in the industry as employers may hire fewer workers due to increased labor costs.

When a Union Bargains Successfully with an Employer,in That Industry