Chapter 8: Trade Unions and the Labour Market Irk with specific functional mctions, and the utility funcent

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Chapter 8: Trade Unions and the Labour Market Irk with specific functional mctions, and the utility funcent cost function is quadratic iction is assumed to be Cobb-

-n ting output. By using these

(8.50)

(8.51)

(8.52)

(8.53)

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Foundations Of Modern Macroeconomics

ISBN: 9781264857937

1st Edition

Authors: Ben J. Heijdra, Frederick Van Der Ploeg

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