Asked by Austin Collins on May 26, 2024
Verified
Unions may increase productivity by:
A) providing an exit mechanism for workers.
B) increasing worker turnover so that younger workers are more likely to be employed.
C) reducing the amount of capital used per worker.
D) providing a voice mechanism for workers.
Exit Mechanism
The method of resolving workplace dissatisfaction by quitting one’s job and searching for another.
Voice Mechanism
Communication by workers through their union to resolve grievances with an employer.
Worker Turnover
The rate at which employees leave a workforce and are replaced by new personnel.
- Analyze the impact of unions on productivity, labor turnover, and economic efficiency.
Verified Answer
JM
Jessa Mae RomeroMay 31, 2024
Final Answer :
D
Explanation :
Unions can provide a voice mechanism for workers, allowing them to negotiate for better wages, benefits, and working conditions. This can improve workers' satisfaction and loyalty, resulting in increased productivity.
Learning Objectives
- Analyze the impact of unions on productivity, labor turnover, and economic efficiency.
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