Outline the basis of the argument most likely used by union

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Reference no: EM133402059

Case: In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit's city council is considering passing a statute that would give investment tax credits to auto manufacturers. Effectively, this would reduce auto manufacturers' costs of using capital and high-tech equipment in their production processes. On the evening of the vote, local union officials voiced serious objections to this statute. (Hint: Consider the impact that the statute would have on auto manufacturers' capital-to-labor ratio.)

1. Outline the basis of the argument most likely used by union officials.

2. As a representative for one of the automakers, how would you counter the union officials' argument?

Reference no: EM133402059

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