(I think this is the right answer but pls review) In industries that are stable or declining and where the elasticity of demand for labor is high, unions will be weak because any increase in the wage will cause a sharp decrease in employment. In industries where demand for labor is inelastic and in industries that are growing, unions may be able to obtain higher wages without employment effects.
Who is most affected by these changes—labor or management?
to approve multiemployer bargaining?
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