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IRE244 - TEST 2 2025 QUESTIONS AND ANSWERS What causes labour disputes - ....ANSWER ...-- depends on agency, history, and strategic choice - conflict is the result of poor relationships and poorly designed institutions - strikes are an outcome caused by a number of factors inversely linked to unionization Determinants of elasticity of demand for labour - when will demand for labour be less inelastic (workers have more workers bargaining power) ....ANSWER ...-- the more difficult it is to substitute capital, technology, AI, etc for bargaining unit power - there is a smaller share of labour costs in total costs ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1