. Contrasting labor union lews in twe statesConsider two states that adopt afferent lews concerning labor unions.The following graph shows the lebor market in a state in the North. Initiay, the market-clearingwage there is s8.00 per hour.Suppose that the legislature in this northern state pesses laws that make Reasy for workers tojoin a union. Through collective bargaining, the union negotiatesa wege of s10.00 per hour.Use the graph input tool te help you answer the following questiens. You wil not be graded on anychanges yeumake to thi graphGraph Ingut ToolMarket for LaborWege(Dolars perhour)2.00LaborDemanded(Thousandworkers1,400LaborSuppled(Thosandsof workers)200 Enter $10.00 into the box labeled Wage on the previous graph.Hint: Be sure to pay attention to the units used on the graph.At the union wage,union workers will be employed.The following graph shows the labor market in a state in the South. The legislature in this statepasses strong "right-to-work" laws that make it very difficult for unions to organize workers, so thewage is always equal to the market-clearing value. Except for this difference in legislation, the twostates are very similar.The initial position of the graph coresponds to the initial labor market condition in the southernstate before the labor union negotiated the new, higher wage for workers in the northern state.Suppose that after the wage goes up in the northem state, some workers in the northern statelose their jobs and decide to move to the southern state.Adjust the graph to show what happens to employment and wages in the southern state.SpyDenandLABORWhich of the following groups are better off as a result of the union action in the northernstate? Check al that apply.Employers in the northern stateWorkers in the northern state employed at the union wageThe original workers in the southern stateAll workers in the northern state

The intersection of the demand and supply curves yields the market-clearing price. The price that…

Enter $10.00 into the box labeled Wage on the previous graph. Hint: Be sure to pay attention to the units used on the graph. At the union wage, |union workers will be employed. The following graph shows the labor market in a state in the South. The legisleture in this state passes strong "right-to-work" laws that make it very difficult for unions to organize workers, so the wage is always equal to the market-clearing value. Except for this difference in legislation, the bwo states are very similar. The initial position of the graph coresponds to the initial labor market condition in the southern state before the labor union negotiated the new, higher wage for workers in the northern state. Suppose that after the wage goes up in the northem state, some workers in the northern state lose their jobs and decide to move to the southern state. Adjust the graph to show what happens to employment and wages in the southern state. Spy Denand LABOR Which of the following groups are better off as a result of the union action in the northern state? Check al that apply. Employers in the northern state Workers in the northern state employed at the union wage The original workers in the southern state All workers in the northern state

Enter $10.00 into the box labeled Wage on the previous graph. Hint: Be sure to pay attention to the units used on the graph. At the union wage, |union workers will be employed. The following graph shows the labor market in a state in the South. The legisleture in this state passes strong "right-to-work" laws that make it very difficult for unions to organize workers, so the wage is always equal to the market-clearing value. Except for this difference in legislation, the bwo states are very similar. The initial position of the graph coresponds to the initial labor market condition in the southern state before the labor union negotiated the new, higher wage for workers in the northern state. Suppose that after the wage goes up in the northem state, some workers in the northern state lose their jobs and decide to move to the southern state. Adjust the graph to show what happens to employment and wages in the southern state. Spy Denand LABOR Which of the following groups are better off as a result of the union action in the northern state? Check al that apply. Employers in the northern state Workers in the northern state employed at the union wage The original workers in the southern state All workers in the northern state

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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