1) IDentify the two different categories of trade unions and clearly distinguish between them. support with examples of each category of trade unions 2) Briefly describe three reasons why labour markets may be imperfectly competitive. please assist me with the following questions.thank you

1) IDentify the two different categories of trade unions and clearly distinguish between them. support with examples of each category of trade unions 2) Briefly describe three reasons why labour markets may be imperfectly competitive. please assist me with the following questions.thank you

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter14: Labor Markets And Income

Section: Chapter Questions

Problem 26RQ: How does a bilateral monopoly affect the equilibrium wage and employment levels compared to a...

See similar textbooks

Similar questions

1. Discuss the role of the following in the process of organizing a labor union: employee, employer, DOLE. 2. You are the negotiator in the latest Philippine Airlines Employees Association/Philippine Airlines (PALEA/PAL) contract. What would you do if negotiations reached a bargaining deadlock? Be specific and explain the consequences of any proposed action. 3. Are you for or against Union? What can you say about the weakening of labor movement in the Philippines because of the growth of business process outsourcing?
2. What are some reasonable goals for a union? Use the tools of supply and demand to explain how a union might pursue its goals, whatever they are. Consider a union that has been in the news recently. What was it trying to accomplish?
4 ways trade unions may influence the wage rate paid to employees in a particular occupation.
How today’s unions help working people Giving workers the power to improve their jobs and unrig the economy Americans have always joined together—whether in parent teacher associations or local community organizations—to solve problems and make changes that improve their lives and their communities. Through unions, people join together to strive for improvements at the place where they spend a large portion of their waking hours: work. The freedom of workers to join together in unions and negotiate with employers (in a process known as collective bargaining) is widely recognized as a fundamental human right across the globe. In the United States, this right is protected by the U.S. Constitution and U.S. law and is supported by a majority of Americans.1 Over 16 million working women and men in the United States are exercising this right—these 16 million workers are represented by unions. Overall, more than one in nine U.S. workers are represented by unions. This representation makes…
6. Contrasting labor union laws in two states Consider two states that adopt different laws concerning labor unions. The following graph shows the labor market in a state in the North. Initially, the market-clearing wage there is $8.00 per hour. Suppose that the legislature in this northern state passes laws that make it easy for workers to join a union. Through collective bargaining, the union negotiates a wage of $10.00 per hour. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Graph Input Tool Market for Labor 16 14 Supply Wage 2.00 (Dollars per hour) 12 1,400 200 Labor Demanded (Thousands of workers) Labor Supplied (Thousands of workers) 10 Demand 200 400 600 800 1000 1200 1400 1600 LABOR (Thousands of workers) Enter $10.00 into the box labeled Wage on the previous graph. Hint: Be sure to pay attention to the units used on the graph. At the union wage, union workers will be employed. WAGE (Dollars per…
(a) Would you expect unionization to cause wages to increase, decrease, or remain the same relative to a non-unionized labor equilibrium? (b) Would you expect unionization to cause the quantity of labor employed to increase, decrease, or remain the same relative to a non-unionized labor equilibrium? (c) Offer two ways that unions can increase worker productivity.
Explain why unions have been slow to embrace environmental issues? What has been done to change this? 1. What is a key demographic trend you believe is influencing national or international unions in the 21st century? 2. 3. What are some of the characteristics of Canadian union membership and what is the significance of these features? 4. What is union density and why is this measure important? Some argue that high-performance work practices, nonunion representation, and nonstandard work practices are designed to be forms of union substitution and/or union avoidance. Do you feel this is true? Why or why not? 5. Assume you are a labour leader and that you are trying to organize a nonunion firm that has high-performance work practices and nonunion employee representation practices in place. What would you tell employees are the advantages of unionization even with these progressive HRM practices 6. Given the number of multinational companies and companies that operate in both Canada and…
How does a bilateral monopoly affect the equilibrium wage and employment levels compared to a perfectly competitive labor market?
2) How many employees will the following firm use? This is a perfectly competitive market with a going price of $3, and the firm can sell as many as they want at that price. The wage that has to be paid to the employees is $30 a day. # of workers Output MPL MRP 1 42 2 82 3 100 4 115 125 131 A* Still referring to question 2... What would happen if the workers unionized and negotiated higher pay, now $50 a day? How would this wage increase change your answer from above? Show what this increase in wage would look like graphically. B*Still referring to question two, does the use of each additional worker show the law of diminishing marginal returns? Explain. co
2. Working with Numbers and Graphs Q2 The following graph shows the demand for labor in three unions, X, V, and z. 50 45 40 35 30 25 D, 20 Dy 15 10 5 3 5 6 7 10 QUANTITY OF LABOR (Thousands of workers) Complete the following table by entering the quantity of labor demanded at each wage rate for the three unions. (Hint: Remember to enter the quantity of labor in thousands.) Wage Rate Quantity of Labor Demanded (Dollars per hour) Union Y Union X Union Z 25 30 The wage-employment trade-off is most pronounced for union WAGE RATE (Dolars per hour)
6. Under certain circumstances, it is possible for unions to better their interests by affecting or altering the union constraint in a direct or indirect manner. Could you recommend a strategy that may work for this goal, based on your microeconomics knowledge? How can unions put your strategy to work? Demonstrate the effect of your strategy in a diagram.
15. Unionized workers tend to have higher wages than non-unionized workers in the same industries. Explain why this happens, in your own words.