Question

3) Explain how bargaining over the inclusions of featherbedding provisions in a union contract can result...

3) Explain how bargaining over the inclusions of featherbedding provisions in a union contract can result in more efficient contracts than bargaining over wages alone (a graph might be helpful).

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Bargaining with featherbedding specifically applies to group and serves as restraint upon gains of other workers in the organisation. This clause propells the employer to increase the labor cost itskef for doing the projected work and thus helps workers get higher wages.

Bargaining solely on basis of wages, helps employers link inflation and cost of living and purchasing power parity to wages which ultimately lower its apparent value and hence bargaining using featherbedding clause is preferable.

PLEASE UPVOTE INCASE YOU LIKED THE ANSWER WILL BE ENCOURAGING FOR US THANKYOU VERY MUCH ALL THE BEST IN FUTURE.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Management and a labor union are bargaining over how much of a $100 surplus to give...
Management and a labor union are bargaining over how much of a $100 surplus to give to the union. The $100 is divisible up to one cent. The players have one shot to reach an agreement. Management has the ability to announce what it wants first, and then the labor union can accept or reject the offer. Both players get zero if the total amounts asked for exceed $100. Which of the following is NOT a Nash equilibrium? a. Management...
Tax law provisions tend to change over time.  Explain how this might affect tax research and planning...
Tax law provisions tend to change over time.  Explain how this might affect tax research and planning and provide an example of when this has happened.
Explain how the bargaining priorities of the following employee groups might differ: younger employees; older employees;...
Explain how the bargaining priorities of the following employee groups might differ: younger employees; older employees; and female employees. 2. Explain why it has it been more difficult for unions to organize part-time employees. 3. a. Explain this difference between a product or service with an elastic versus an         inelastic demand.      b. From a union’s perspective, is it preferable to produce a good or service with an         elastic demand or inelastic demand? Explain. 4. Explain the meaning...
Explain using an example how free-riding can result in below efficient output levels.
Explain using an example how free-riding can result in below efficient output levels.
Alice and Benjamin are bargaining over $40. Each can make a single demand, which can be...
Alice and Benjamin are bargaining over $40. Each can make a single demand, which can be either $10, $20, or $30. If their demands add up to $40 or less, each gets the amount they demand (any leftover amount is lost). If their demands add up to more than $40, each gets zero. (a) Suppose both people make their demands simultaneously. Use techniques from game theory to find the solution(s) of this game. What will be the money earnings of...
Briefly explain how RFID can be used to manage inventory. In your answer, please explain why...
Briefly explain how RFID can be used to manage inventory. In your answer, please explain why item-level tagging is more expensive than case-level tagging. What might be some benefits of item-level tagging over case-level tagging?
Over the past few decades dental practices have greatly altered how much of the total time...
Over the past few decades dental practices have greatly altered how much of the total time of a typical dental visit is divided between the dentist and the dental hygienist.  For some of the dental procedures performed on patients (e.g. cleaning), experienced dental hygienists can perform the tasks approximately as well as the dentist can. Because dentists are more highly trained than dental hygienists, their marginal products are higher, particularly for more difficult procedures (tooth extraction). Many times when we go...
explain how you can tell whether g(x)=3-4x^2-x^3 has an inverse that is a function. then give...
explain how you can tell whether g(x)=3-4x^2-x^3 has an inverse that is a function. then give the coordinates of any point on the graph of the inverse.
Perfectly competitive markets # of Contraptions Total Cost 0 500 1 580 2 640 3 690...
Perfectly competitive markets # of Contraptions Total Cost 0 500 1 580 2 640 3 690 4 730 5 760 6 800 7 850 8 950 9 1200 10 2000 e) Firms now exit the contraption market, and contraption price goes up to $250. Graph this result, showing market and firm graph side by side. How many units will a firm with the above cost function produce? What will profit be? (It might be helpful to show a new Table...
Perfectly competitive markets # of Contraptions Total Cost 0 500 1 580 2 640 3 690...
Perfectly competitive markets # of Contraptions Total Cost 0 500 1 580 2 640 3 690 4 730 5 760 6 800 7 850 8 950 9 1200 10 2000 e) Firms now exit the contraption market, and contraption price goes up to $250. Graph this result, showing market and firm graph side by side. How many units will a firm with the above cost function produce? What will profit be? (It might be helpful to show a new Table...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT