Question

'Consider an economy with two abor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed union? Check all that apply. The wage of manufacturing workers will fall: The demand for manufacturing workers will remain unchanged_ The supply of manufacturing workers will increase. Some manufacturing workers will become unemployed Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers which is not unionized? Check all that apply. The wage of service workers will fall_ The supply of service workers will remain unchanged The demand for service workers will remain unchanged_ There will be a increase in employment in the service sector,'

          'Consider an economy with two abor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized.
Which of the following will happen to the manufacturing labor market if manufacturing workers formed union? Check all that apply.
The wage of manufacturing workers will fall:
The demand for manufacturing workers will remain unchanged_
The supply of manufacturing workers will increase.
Some manufacturing workers will become unemployed
Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers which is not unionized? Check all that apply.
The wage of service workers will fall_
The supply of service workers will remain unchanged
The demand for service workers will remain unchanged_
There will be a increase in employment in the service sector,'

Added by Randall G.

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