Why are most labor unions--whose constituents receive wages, Ask an Expert

Economics

Why are most labor unions--whose constituents receive wages substantially above the minimum wage strong supporters of the minimum wage? Why might unions composed of skilled workers who are pure complements in production with raw materials produced by low-skilled workers oppose a large increase in the minimum wage?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9684606

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