Chapter 14: Problem 17
What are some of the most important laws that protect employee rights?
Chapter 14: Problem 17
What are some of the most important laws that protect employee rights?
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Given the decline in union membership over the past 50 years, what does the theory of bilateral monopoly suggest will have happened to the equilibrium level of wages over time? Why?
Why do employers have a natural advantage in bargaining with employees?
What factors can explain the relatively small effect of low-skilled immigration on the wages of low-skilled workers?
Explain in each of the following situations how market forces might give a business an incentive to act in a less discriminatory fashion. a. A local flower delivery business run by a bigoted white owner notices that many of its local customers are black. b. An assembly line has traditionally only hired men, but it is having a hard time hiring sufficiently qualified workers. c. A biased owner of a firm that provides home health care services would like to pay lower wages to Hispanic workers than to other employees.
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