3. Fast-food workers have been organizing within NYC over the
past few years. They are doing so in an attempt to gain leverage in
negotiations for higher wages and better working conditions with
their employers. By applying the Hick-Marshall rules of derived
demand discuss:
a. Whether or not you think they will be successful in negotiating
a higher wages and what the
dangers of negotiating a higher wage may be.
b. If fast-food workers are able negotiate higher wages with their
employers, do you think the low
wage economy in NYC will become more or less efficient. Explain your answer.
Negotiating of higher wages means demanding of higher wages than the equilibrium wages by the union workers from the employer. But it can decrease the labour hour which is demanded by employer.Many factors should be considered for determining the negotiation of higher wages.
3. Fast-food workers have been organizing within NYC over the past few years. They are doing...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...