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c) What will be its hourly wage bill at this level of employment? d) How much hourly revenue will it earn at this level of

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c) What will be its hourly wage bill at this level of employment? d) How much hourly revenue will it earn at this level of employment? e) Assuming that the firm faces other (fixed) costs of $30 per hour, how much hourly profit will it make? if) Assume that the workers now form a union and that the firm agrees to pay the negotiated wage ate to all employees. What is the maximum to which the hourly wage rate could rise without causing the firm to try to reduce employment below that in (b) above? (See Figures 8.6 and 8.8.) ") What uld ha the firm's hourly profit now

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