If a union forms in a market that is currently in equilibrium:

Name: If a union forms in a market that is currently in equilibrium:
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When a union forms, workers may demand higher wages and better working conditions. This may lead to an increase in labor costs for firms, which could cause them to reduce the number of workers they employ. Therefore, it is possible that the number of workers employed may decrease, while wages could increase due to the bargaining power of the union.

If a Union Forms in a Market That Is Currently