Chapter 13 – Wage Determination (+ Appendix)
13A-4
2. Suppose that a car factory initially hires 1500 workers at $30 per hour and that each worker
works 40 hours per week. Then the factory unionizes, and the new union demands that wages be
raised by 10 percent. The firm accedes to that request in collective bargaining negotiations but
then decides to cut the factory’s labor force by 20 percent due to the higher labor costs. LO7
a. What is the new union wage? How many workers does the factory employ after the agreement
goes into affect?
b. How much in total did the factory’s workers receive in wage payments each week before the
agreement? How much do the factory’s remaining workers receive in wage payments each week
after the agreement?
c. Suppose that the workers who lose their jobs as a result of the agreement end up unemployed.
By how much do the total wages received each week by the initial 1500 workers (both those who
continue to be employed at the factory and those who lose their jobs) change from before the
agreement to after the agreement?
d. If the workers who lose their jobs as a result of the agreement end up making $15 per hour at
jobs where they work 40 hours per week, by how much do the total wages received each week by
the initial 1500 workers change from before the agreement to after the agreement?
Feedback: Consider the following example. Suppose that a car factory initially hires
1500 workers at $30 per hour and that each worker works 40 hours per week. Then the
factory unionizes, and the new union demands that wages be raised by 10 percent. The
firm accedes to that request in collective bargaining negotiations but then decides to cut
the factory’s labor force by 20 percent due to the higher labor costs.
Part a:
a. What is the new union wage? How many workers does the factory employ after the
agreement goes into affect?
The original wage rate was $30.00 per hour. The new union wage is 10% higher, or
Part b:
b. How much in total did the factory’s workers receive in wage payments each week
before the agreement? How much do the factory’s remaining workers receive in wage
payments each week after the agreement?
Total earnings = hourly wage x hours worked x number of workers.