Unions try to raise wages mainly by directing
A)the demand for labor.
B)the supply of labor.
C)both the demand for labor and the supply of labor.
D)neither the demand for labor nor the supply of labor.

Question

Quizplus · Accepted Answer

Unions primarily aim to raise wages by limiting or controlling the supply of labor to an employer or within a market. By negotiating contracts that may include rules about who can be hired, how much they must be paid, and under what conditions they can work, unions effectively restrict the supply of labor, which can lead to higher wages for their members.

Unions Try to Raise Wages Mainly by Directing