(a)[10]
Is the presence of a trade union likely to be the chief factor influencing the supply of labour?
(b)[15]
Discuss how the theory of wage determination through market forces may need to be modified when trade unions exist in an industry.
Economics 9708 · AS & A Level · Long-run costs and economies of scale
Is the presence of a trade union likely to be the chief factor influencing the supply of labour?
Discuss how the theory of wage determination through market forces may need to be modified when trade unions exist in an industry.