Asked by Ntswaki Mereki on Jun 04, 2024

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Which one of the following research findings is most consistent with the hypothesis that unions increase productivity?

A) Other things equal,firm profits are lower where unions are present.
B) Union workers receive,on average,higher fringe benefits relative to wages than nonunion workers.
C) The average amount of work time lost annually to strikes is surprisingly small.
D) Labor turnover is less in unionized firms than in nonunionized firms.

Unionized Firms

Companies or organizations where the workforce is represented by a union, which negotiates wages, working conditions, and other employment terms.

Productivity

A measure of the efficiency of production often quantified as the ratio of outputs produced to inputs used over a specified period.

Firm Profits

The net income a company retains after deducting all costs, taxes, and expenses from its total revenue.

  • Examine the influence of labor unions on output, workforce stability, and financial effectiveness.
  • Examine the conceptual and practical debates regarding the advantageous and detrimental impacts of labor unions on employment sectors.
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JL
josephine lavoieJun 05, 2024
Final Answer :
D
Explanation :
Labor turnover is less in unionized firms than in nonunionized firms, which suggests that unionized workers are more satisfied with their jobs and less likely to seek employment elsewhere. This can lead to increased stability in the workforce and ultimately higher productivity.