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4. We know that the final price and quantity in the bilateral monopoly will depend on the relative bargaining power of the two parties. Identify

4. We know that the final price and quantity in the bilateral monopoly will depend on the relative bargaining power of the two parties. Identify two factors - one that would move wages in favor of the players and another that would move wages in favor of owners. Briefly explain how these factors would work to move the wages

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