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Unions, which have market power over the supply of labor, can threaten strikes as part of negotiating employment contracts on behalf of union members. What is the effect of unions having this power

User Klesun
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Answer:

The effect of unions will be "Union wages are generally higher than nonunion wages".

Step-by-step explanation:

  • A group of employees decided to join together through a particular variety of organizations to strengthen their employment conditions and also some help to promote the organization's mutual interests.
  • Union wages or salaries shall be determined by the service agreement. This always appears to mean except for non-union working environments, union employees again for the entire length of everyone's agreement should not have to think too hard concerning compensation or welfare cuts.

So that the above is the appropriate answer.

User Morels
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