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Labor Economics 6th Edition by George Borjas
النسخة 6الرقم المعياري الدولي: 978-0073523200Labor Economics 6th Edition by George Borjas
النسخة 6الرقم المعياري الدولي: 978-0073523200 تمرين 1
Suppose the firm's labor demand curve is given by
w = 20 0.01 E
where w is the hourly wage and E is the level of employment. Suppose also that the union's utility function is given by
U = w × E
It is easy to show that the marginal utility of the wage for the union is E and the marginal utility of employment is w. What wage would a monopoly union demand How many workers will be employed under the union contract
w = 20 0.01 E
where w is the hourly wage and E is the level of employment. Suppose also that the union's utility function is given by
U = w × E
It is easy to show that the marginal utility of the wage for the union is E and the marginal utility of employment is w. What wage would a monopoly union demand How many workers will be employed under the union contract
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The slope of indifference curve and the ...
Labor Economics 6th Edition by George Borjas
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