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What is a Labor Union?
A Labor Union is an organization that seeks to increase the wages and improve the working conditions of its members.

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How do Unions affects the demand for labor?
Unions affects the demand for labor because if the good is increasing then does your labor increases too.

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Supply of union labor
A close shop is an organization that hires only union members. A union shop is an organization that requires employees to join the union within a certain period after being hired. A strike means that work stoppage called by union members to put pressure on an employer. A right to work law is that the state law that prohibits the practice of requiring employees to join a union to work

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Union wages
Union workers make more income then a nonunion workers.

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Nonunion wages
Nonunion worker is increase in the supply of labor puts downward pressure on wage rates in the nonunion part of the economy.

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Tradition view
Tradition view means holds that labor unions are an obstacle to establishing reasonable work standards and thus make companies that employ union labor less competitive.

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Newer view
The newer view means that labor union is a valuable collective voice for its members.

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What is it and give some examples?
The United States government regulates business and labor practice.
Ex: Occupational Safety and Health Administration (OSHA)
Consumer Product Safety Commission (CPSC)

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Costs and benefits
Costs and benefits is consumer info,or working standards. Like the government passes an environmental regulation that requires this business to install antipollution devices that reduce the smoke emitted into the air.

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Unintended Effects : What does it mean and give  an example.
Unintended effects means that Government puts a demand to companies but who knows if the people will buy it. For example , the Government puts a regulation on Cars Manufacturers to get better fuel economy in their cars but we don't know if the people will buy it.