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Title: What can a union do in order to raise the wages of its members ? Post by: vsisto on Aug 22, 2018 What can a union do in order to raise the wages of its members ?
Title: What can a union do in order to raise the wages of its members ? Post by: nicolepope23 on Aug 22, 2018 A union can establish a wage rate above the market clearing wage rate by negotiating with firm management and then ration the available jobs among union members. It can also indirectly raise wages by limiting supply over time, raising the demand for union workers through raising their labor productivity, or by increasing the demand for union-made goods.
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