Why are most labor unionswhose constituents receive wages substantially above the minimum wagestrong supporters of the minimum
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Why are most labor unions—whose constituents receive wages substantially above the minimum wage—strong supporters of the minimum wage? Why might unions composed of skilled workers who are pure complements in production with raw materials produced by low-skilled workers oppose a large increase in the minimum wage?
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Higher minimum wages can drive up the cost of employing lowskilled labor This wil...View the full answer
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Related Book For 
Contemporary Labor Economics
ISBN: 978-1259290602
11th Edition
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
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