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Business, 28.12.2019 02:31 megamorph

a. these two graphs show two sectors of the labor market for a particular kind of labor.
b. relevant product markets are competitive.
c. the two labor demand curves are identical.
d. initially the quantities of labor employed in the two sectors are l1 and l'1, and the wage rate in each sector is wn.
e. this analysis suggests that a union wage advantage of wu minus ws causes a net efficiency

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a. these two graphs show two sectors of the labor market for a particular kind of labor.
b. re...
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