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Match each labor market term

Exercise and reference answers

Matching pairs
  1. Left
    Factor market
    Right
    Where inputs are priced
  2. Left
    Labor union
    Right
    Bargains for workers as one
  3. Left
    Bargaining
    Right
    Union and firm negotiations
  4. Left
    Strike
    Right
    The threat behind bargaining
  5. Left
    Excess supply
    Right
    More workers than union jobs
Instructions
Tap a term on the left, then tap its meaning on the right.

Explanation

_Source: OpenStax Principles of Microeconomics for AP Courses 2e (CC BY 4.0), Ch 15 'Labor Markets and Income'_
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