2. If unions are to be successful in obtaining wage rate increases for their members,they must be able to cause a shift in either the labour demand curve or the labour supply curve or both.?
4. Explain how craft unions try to change theDEMANDfor their members' labour to cause an increase in wages, and job security. ?
6. Explain how industrial unions try to change theSUPPLYof their members' labour to cause an increase in wages while maintaining employment levels. ?
8. According to the Human Capital Theory, why do employers hire more educated workers? 

Answer rating: 100% (QA)

Craft unions and industrial unions employ different strategies to influence wages and job security for their members primarily by attempting to shift either the demand or supply curves in the labor ma... View the full answer