Which of the following is TRUE?

Question

Quizplus · Accepted Answer

Unions can raise wages for some workers by negotiating higher salaries and benefits for their members. However, they can also lead to lower wages for non-unionized workers, as businesses may seek to hire non-unionized workers to avoid the higher costs associated with unionized labor. Additionally, unions may discourage businesses from hiring as many workers, leading to a decrease in labor supply and an increase in wages for unionized workers but potentially decreasing employment and wages for non-unionized workers. So, both effects can happen, leading to higher or lower wages depending on the circumstances. Therefore, option D is the most appropriate answer.

Which of the Following Is TRUE