The general and likely purpose of a (labor)strike is to convince management that
A)the supply curve of labor is what the union says it is.
B)the demand curve (for the product they sell)is what the union says it is.
C)workers have a higher marginal physical product than the management think they (the workers)have.
D)it is not in their best interest to raise the prices of the product they sell.

Question

Quizplus · Accepted Answer

The purpose of a strike is to convince management that the supply curve of labor is what the union says it is. This is because the union wants to increase the wages of its members, and it can do this by convincing management that the supply of labor is lower than it actually is.

The General and Likely Purpose of a (Labor)strike Is to Convince