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7 . Labour unions - Employee power The following graph shows the labour market for truck drivers. Assume that all shipping firms must hire union-licensed
7 . Labour unions - Employee power The following graph shows the labour market for truck drivers. Assume that all shipping firms must hire union-licensed truck drivers. The union imposes new rules that increase the length of an apprenticeship that a worker must complete before becoming a licensed truck driver, reducing the number of licensed truck drivers available for work in the shipping industry. Shift one or both of the curves on the following graph to illustrate the impact of the union's actions. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. O Supply Demand Supply WAGE RATE (Dollars per worker) Demand QUANTITY OF LABOUR (Thousands of workers)The following graph shows the labour market for textile workers. Assume that all firms in the textile industry must hire union workers. The union representing the textileworkers successfully lobbies the government to impose trade restrictions on imports of textiles from foreign competitors, causing the demand for domestically produced textiles to increase. Shift one or both of the curves on the following graph to illustrate the impact of the union's actions. O Supply Demand O Supply WAGE RATE (Dollars per worker) Demand QUANTITY OF LABOUR (Thousands of workers)
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