Relative to nonunion wages,one reason union wages are
A)Higher is because unions are more likely in capital-intensive industries where wages tend to be higher.
B)Lower is because unions exclude workers from the market,which hurts their ability to raise wages.
C)Higher is because unions have workers that contribute more to society.
D)Lower is because the percentage of the workforce that is unionized is declining.

Question

Quizplus · Accepted Answer

Unionized industries tend to be capital-intensive industries, such as manufacturing and construction, where wages tend to be higher due to the skill level and education required for the job. Unions negotiate higher wages and benefits for their members, which contributes to the overall higher wages in these industries relative to nonunion wages.

Relative to Nonunion Wages,one Reason Union Wages Are