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Nonunion workers increases - PowerPoint PPT Presentation

Distortions

Labor demand curve maps qty. of labor demanded to employer wage Labor supply curve maps qty. of labor supplied to employee wage When employee wage = employer wage, two curves share a vertical axis, be plotted together. Distortions W(eme) = W(emr) = Wage L(S) to W(eme) L(D) to W(emr)

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Nonunion workers increases - PowerPoint PPT Presentation

Distortions