Title: Suppose all textile workers in the United States formed a union. Which of the following will make it ... Post by: SebKom on Nov 14, 2017 Suppose all textile workers in the United States formed a union. Which of the following will make it more likely the union will ask for a larger wage increase (assuming the union cares about both higher wages and retaining jobs)?
A) Labor costs represent a large share of textile production costs. B) Textile firms will not invest in capital substituting for labor in producing textiles because textiles is a declining industry. C) Labor is a good substitute for capital. D) Textile buyers consider U.S. textiles a good substitute for non-U.S. made textiles. Title: Re: Suppose all textile workers in the United States formed a union. Which of the following will ... Post by: Shadias on Nov 14, 2017 Content hidden
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