When the labor market is unionized, nonunion workers tend to earn a wage that is

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    equal to the union wage, as the union wage becomes the industry standard.
     There is not enough information given to answer this question.
     less than both the union wage and the perfectly competitive wage.
     less than the union wage but more than the perfectly competitive labor market wage.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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less than both the union wage and the perfectly competitive wage.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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