Labour unions will raise the quantity of labour demanded.

Question

Quizplus · Accepted Answer

Labour unions may negotiate for better wages and benefits for their members, which can increase the cost of labour for employers. This may result in employers reducing the quantity of labour demanded or turning to automation to reduce the need for labour. However, labour unions may also improve working conditions and provide training for their members, which can increase productivity and ultimately lead to increased demand for labour. Overall, the effect of labour unions on the quantity of labour demanded is complex and may depend on various factors.

Labour Unions Will Raise the Quantity of Labour Demanded