Consider an economy with two labor 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 a union? Check all that apply. O The wage of manufacturing workers will rise. O The quantity of manufacturing workers demanded will fallI. O The quantity of manufacturing workers supplied will rise. O There will be an increase in employment of manufacturing workers.

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I need more insight on this question, I feel like I have it wrong so I chose these two options I just want to know if I am on the right path 

~The wages of manufacturing workers will rise

~The Quantity of manufacturing workers will rise

Consider an economy with two labor 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 a union? Check all that apply.
The wage of manufacturing workers will rise.
The quantity of manufacturing workers demanded will fall.
The quantity of manufacturing workers supplied will rise.
There will be an increase in employment of manufacturing workers.
Transcribed Image Text:Consider an economy with two labor 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 a union? Check all that apply. The wage of manufacturing workers will rise. The quantity of manufacturing workers demanded will fall. The quantity of manufacturing workers supplied will rise. There will be an increase in employment of manufacturing workers.
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