Which of the following is a reason why unionized firms have more benefits than nonunion firms?
A) Union workers are older and can afford better benefits.
B) Voice enables unionized workers to achieve such benefits.
C) Arbitration awards grant better benefits.
D) Union workers, by law, are required to receive such benefits.

Question

Quizplus · Accepted Answer

Union workers have the ability to collectively bargain and use their collective voice to negotiate better wages, benefits, and working conditions with management. This enables them to achieve better benefits than nonunion workers who do not have this bargaining power.

Which of the Following Is a Reason Why Unionized Firms