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A labor union seeks to change the balance of power between workers and:
AShareholders
BEmployers
CConsumers
DRegulators
Answer & Solution
Correct answer: B. Employers
1. A union exists to shift bargaining power.
2. A labor union seeks to change the balance of power between employers and workers.
3. It does so by requiring employers to deal with workers collectively.
4. That is instead of dealing with them as individuals.
_Source: OpenStax Principles of Microeconomics for AP Courses 2e (CC BY 4.0), Ch 15 'Labor Markets and Income'_
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