Unionization provides _____ in certain occupations, and, as a result, wage rates in these occupations have a tendency to _____.

Question

Quizplus · Accepted Answer

Unionization tends to create barriers to entry in certain occupations because unions can negotiate for exclusive access to jobs and workers may have to join the union to obtain employment. This can result in wage rates increasing due to the decreased supply of workers and increased bargaining power of the union.

Unionization Provides _____ in Certain Occupations, And, as a Result