9. Consider an economy with two labor markets, neither of which is unionized. Now suppose a union...

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9. Consider an economy with two labor markets, neither of which is unionized. Now suppose a union is established in one markert A) Show the effect of the union on the market in which it is formed. In what sense is the quantity of labor employed in this market an inefficient quantity? B) Show the effect of the union on the nonunionized market. What happens to the equilibrium wage in this market

Posted Date: Jun 12, 2024 07:03 PM

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9. Consider an economy with two labor markets, neither of which is unionized. Now suppose a union...

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