Coordinated sick day work stoppages and strikes

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Reference no: EM13816769

1. How could union members’ current annual incomes decline on net even if a long-lived strike induces a firm’s management to increase the hourly wage rate?

2. Sometimes union memberships coordinate work stoppages when all workers call in sick. From an economic standpoint, is there any difference between coordinated sick day work stoppages and strikes? Explain.

Reference no: EM13816769

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