Are Unions Good or Bad for the Economy
{"Image DocumentName": "Are Unions Good or Bad for the Economy?", "Image ImageDescription": "Critics argue that unions cause the allocation of labour to be inefficient and inequitable. Wages above the competitive level reduce the quantity of labour demanded and cause unemployment. Some workers benefit at the expense of other workers. Advocates of unions contend that. unions are a necessary antidote to the market power of firms that hire workers. The company-town \u2013 a single firm that does most of the hiring in a geographical region. unions are important for helping firms respond efficiently to workers\u2019 concerns and thus keep happy and productive workforce.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}