Events on the market for union labor

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Reference no: EM13816118

1. Explain the impact of each of the following events on the market for union labor.

a. Union-produced TV and radio commercials convince consumers to buy domestically manufactured clothing instead of imported clothing.

b. The union sponsors periodic training programs that instruct union laborers about the most efficient use of machinery and tools.

2. How is it possible for the average annual earnings of nonunionized workers to exceed those of unionized workers even though unionized workers’ hourly wages are more than $2 higher?

Reference no: EM13816118

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