GM and the UAW agree on restructuring workers jobs. This restructuring, with no change in the wage

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GM and the UAW agree on restructuring workers’ jobs. This restructuring, with no change in the wage rate, will save GM billions in labor costs. How will this cost-cutting agreement change GM’s supply of vehicles? Explain.

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Foundations Of Microeconomics

ISBN: 9780132830881

6th Edition

Authors: Robin Bade, Michael Parkin

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