It has been observed that unions in the capital-intensive steel industry were able to negotiate higher-than-average wage
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It has been observed that unions in the capital-intensive steel industry were able to negotiate higher-than-average wage increases during the very period in which steel output in the United States was declining. Using economic theory, how can this pattern be explained?
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Related Book For
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
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