10 W 8 7 1=1 6 5 4 3 2 MRP O O' 1 2 3 4 5 6 7 8 9 L Click to see additional instructions Based on this figure, the (real) alternative wage available to workers is $ and the objective of the union to maximize wages. (Enter 1 for "is", 0 for "may or may not be", -1 for "is not") In a "right-to-manage" scenario, wages will not be bargained higher than $ If the union behaves as a monopoly, wage will be set at $ by (Enter 0 for "joint negotiation", 1 for "the union", 2 for "the firm") and employment will be set at by (Enter 1 for "the union", 0 for "joint negotiation", -1 for "the firm") The firm's profit will be $ The contract with L=4.5, W=$5.5 a Pareto Improvement over the contract with L=3, W=$6. (Enter 1 for "is", 0 for "may or may not be", -1 for "is not") The union prefer the contract with L=2.5 W=$7.5 over the contract with L-6, W=$5. (Enter 1 for "does", 0 for "may or may not", -1 for "does not") The contract with L=4.5, W=$5.5 Pareto efficient. (Enter 1 for "is", 0 for "may or may not be", -1 for "is not") The contract with L=5.5, W=$7.5 a Pareto Improvement over the contract with L=4.5, W-$5.5. (Enter 1 for "is", 0 for "may or may not be", -1 for "is not") The contract with L=5.5, W=$7.5 a Pareto Improvement over the contract with L=4, W=$7. (Enter 1 for "Is", 0 for "may or may not be", -1 for "is not") The contract with L=4, W=$7 a Pareto Improvement over the monopoly union outcome, (Enter 1 for "is", 0 for "may or may not be", -1 for "is not")