Math  /  Algebra

QuestionD. negotiate for a higher than market wage hike every year through collective bargaining. b. Suppose that the objective of a union is to maximize the total dues paid to the union by its membership. If union dues are paid as a flat amount per union member employed, the union's strate will be to A. negotiate for the wage level that is consistent with perfectly elastic demand for labor. B. negotiate for the maximum wage rate the employer is willing to pay for the number of workers belonging to the union. C. negotiate for the wage level that is consistent with unit elastic demand for labor. D. negotiate for limiting the entry of new workers over time. Clear all Check answer

Studdy Solution
Therefore, the union's strategy should be to negotiate for the wage level that is consistent with unit elastic demand for labor.
The correct strategy is:
C. negotiate for the wage level that is consistent with unit elastic demand for labor. \boxed{\text{C. negotiate for the wage level that is consistent with unit elastic demand for labor.}}

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