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12 Y O -NWA OOVOOO 1 2 3 4 5 6 7 8 9 10 11 12 e Click to see additional Instructions This figure

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12 Y O -NWA OOVOOO 1 2 3 4 5 6 7 8 9 10 11 12 e Click to see additional Instructions This figure depicts the decision environment of a worker before and after being represented by a union. We can deduce that The individual can work up to hours. Before joining the union, the most this worker can earn is $ . The individual pays $ for union fees and the union provides a wage difference of $ Suppose this individual has MRS = c/2. This individual's reservation wage Is $ .This worker participate without the union and participate with the union. (Enter 1 for "will", -1 for "will not", 0 for "it can not be deduced from this information") The union change this individual's participation choice. (Enter 1 for "does", -1 for "does not", 0 for "it can not be deduced from this information") Now suppose that the union provides wage $3. In this case the individual's optimal choice will provide income equal to $ . The individual will enjoy hours of leisure

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