For any given level of output, unionisation leads to an increase in the value of the marginal product of labour.

Name: For any given level of output, unionisation leads to an increase in the value of the marginal product of labour.
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Quizplus · Accepted Answer

Unionisation typically leads to higher wages for workers, but it does not inherently increase the value of the marginal product of labor. The marginal product of labor is determined by the productivity of labor in producing output, not by the wage rate or union status.

For Any Given Level of Output, Unionisation Leads to an Increase