Business Studies, asked by retxedetnomla, 1 month ago

Describe how the various labor laws have affected the balance of power between labor and management.​

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Answered by 999kranthipriya
10

Answer:

Labor laws have weakened some of the power that employers once had while increasing predictability and stability in the workplace by reducing threats o

Increased Worker Pay and Increased Employer Expenses

Minimum wage laws can increase your payroll costs in a marketplace with high unemployment and low wage demand. Labor laws can increase your expenses if you have to upgrade or maintain the physical aspects of your workplace to meet safety standards. hope it helps you friend Mark my answer as brainliest

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