workers?

34. Have levels of immigration to the United States been relatively high or low in recent years? Explain.

35. How would you expect immigration by primarily low-skill workers to affect American low-skilled workers?

Critical Thinking Questions

36. What is the marginal cost of labor for a firm that operates in a competitive labor market? How does this

compare with the MCL for a monopsony?

37. Given the decline in union membership over the past 50 years, what does the theory of bilateral monopoly

suggest will have happened to the equilibrium level of wages over time? Why?

38. Are unions and technological improvements complementary? Why or why not?

39. Will union membership continue to decline? Why or why not?

40. If it is not profitable to discriminate, why does discrimination persist?

41. If a company has discriminated against minorities in the past, should it be required to give priority to

minority applicants today? Why or why not?
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