Labor unions are able to negotiate higher wages for their members because

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    they are monopoly sellers in the labor market.
     union members pay dues and elect officials with superior negotiating skills.
     other workers are not willing to work for lower wages and so restrict the supply of labor to markets where labor unions exist.
     their members are higher skilled than other workers and so have a higher marginal revenue product.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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they are monopoly sellers in the labor market.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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