If a union is able to sell its labor to a for-profit business, then the business is likely to D. pay wages above the market equilibrium for wages.
Unions negotiate a higher rate of pay for their member thanks to their power to initiate industrial actions.
this means that when they are able to get a company to hire their members, that company would likely pay above the equilibrium wage in the market.
Options for this question at:
A. pay wages exactly where the demand and supply labor curves intersect
B. pay wages below the market equilibrium for wages
C. pay wages matching the preferred equilibrium wage chosen by these businesses
D. pay wages above the market equilibrium for wages
Find out more on the role of unions at https://brainly.com/question/881501.
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