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Question 1 1 pts What are some possible negative economic consequences of unions in competitive markets? (Select all that apply) O Unions reduce communication between
Question 1 1 pts What are some possible negative economic consequences of unions in competitive markets? (Select all that apply) O Unions reduce communication between workers and management, facilitating lower information flow and inefficiency O Unions can prevent entry of workers into an industry, causing higher wages than the competitive equilibrium, and causing deadweight loss in the labor market O Unions can "strike" which reduces productivity in the market and for the broader economy O) Unions can decrease overall productivity through labor hiring requirementsQuestion 2 1 pts The goal of a union is to fight for the highest wage possible for its union members. O True O False
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