What is the impact of collective bargaining?

In the manufacturing sector

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2 Responses to “What is the impact of collective bargaining?”

  1. Calm and Rational says:

    Collective bargaining will lead to higher price.

    Examples, OPEC pushing price of oil up and trade union pushing wages of labour up.

  2. SDD says:

    Like any cartel, it raises prices above market levels. In this case for labor and for whatever that labor produces.

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