Consider two hypothetical states that operate under different laws governing bor union The following graph shows the labor market in a state in the West. Initially, the market-clearing wage in this state is $0.00 per hour Now, that the General Assembly in this western state passes a law that makes it easier for workers to join a union. Through collective bargaining, the uninegotiates an hourly wage of $10.00 the graph inputal to help you answer the following questions. You will not be graded on any changes you make to the graph LABOR (Tof Berand Enter $10.00 into the box labeled Wage on the previous graph Hint: to pay attention to the units used on the graph At the uniwe union workers will be employed. Graph Input Tool Market for Labor Wage Laber Demanded Th The following graph shows the labor market in a state in the East. Suppose the legislature in this state passes strong right-to-work that make very difornians to organine workers, so the wage is always equal to the market-clearing value. Assume that with the exception of this difference in legation, the westem and eastern states are extremely im Adjust the graph to show what happens to employment and wages in the eastern state LABOR The initial position of the graph corresponds to the indial labor market condition in the eastern state before the labor union negotiated the new higher wage for workers in the western state Suppoes that after the wage goes up in the western state, some workers in the western state on their jobe and decide to move to the eastern stat Surly Benard La Sp (Th Demand 1 Supply 200 Which of the following groups are better off as a result of the union action in the westem state? Check all that apply the water Employers in the western state Workers in the western state employed at the union wag
Consider two hypothetical states that operate under different laws governing bor union The following graph shows the labor market in a state in the West. Initially, the market-clearing wage in this state is $0.00 per hour Now, that the General Assembly in this western state passes a law that makes it easier for workers to join a union. Through collective bargaining, the uninegotiates an hourly wage of $10.00 the graph inputal to help you answer the following questions. You will not be graded on any changes you make to the graph LABOR (Tof Berand Enter $10.00 into the box labeled Wage on the previous graph Hint: to pay attention to the units used on the graph At the uniwe union workers will be employed. Graph Input Tool Market for Labor Wage Laber Demanded Th The following graph shows the labor market in a state in the East. Suppose the legislature in this state passes strong right-to-work that make very difornians to organine workers, so the wage is always equal to the market-clearing value. Assume that with the exception of this difference in legation, the westem and eastern states are extremely im Adjust the graph to show what happens to employment and wages in the eastern state LABOR The initial position of the graph corresponds to the indial labor market condition in the eastern state before the labor union negotiated the new higher wage for workers in the western state Suppoes that after the wage goes up in the western state, some workers in the western state on their jobe and decide to move to the eastern stat Surly Benard La Sp (Th Demand 1 Supply 200 Which of the following groups are better off as a result of the union action in the westem state? Check all that apply the water Employers in the western state Workers in the western state employed at the union wag
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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