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Peregrinus Peregrinus
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7 years ago
In the face of declining demand, unions usually tend to favor laying off workers rather than lowering wages. Which of these factors would not explain why this occurs?
A) Workers with less seniority are laid off first.
B) Union leaders are elected by majority vote.
C) Lay-offs usually only affect a small fraction of the work force.
D) Most union members are willing to lose their jobs rather than accept even a small cut in wages.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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ShadiasShadias
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7 years ago
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