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The labor supply curve for excellent NBA guards is given by w= $20,000,000 + 500,000G The Labor Demand = MRP curve is given by: MRP
The labor supply curve for excellent NBA guards is given by w= $20,000,000 + 500,000G The Labor Demand = MRP curve is given by: MRP = $50,000,000 - 500,000G 19. In a labor market with a player's union and the NBA owners both having negotiating power, ________excellent guards will be paid a. more than $35,000,000. b. $35,000,000. c. less than $35,000,000. d. none of the above
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