The public healthcare sector typically exhibits a highly unionised workforce, with over 70% of nurses and frontline clinical staff belonging to a trade union. Simultaneously, the state-run national health service operates as the single largest buyer of nursing labour, employing approximately 85% of all qualified clinical staff.
Evaluate, using an appropriate diagram(s), the impact of a bilateral monopoly on the equilibrium wage rate and level of employment in a labour market.
13 exam-style questions on OCR A Level Economics The interaction of labour markets. Each one has a worked solution and a mark scheme showing where the marks go.