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Other Fields Homework Help Economics Topic started by: asjstr on Mar 2, 2019



Title: If a union sets the wage rate to maximize the total wage receipts of its members, the price ...
Post by: asjstr on Mar 2, 2019
If a union sets the wage rate to maximize the total wage receipts of its members, the price elasticity of demand for labor would be

• zero.

• finite, but greater than -1.

• positive, but less than 1.

• numerically equal to 1.


Title: If a union sets the wage rate to maximize the total wage receipts of its members, the price ...
Post by: zachcarytcris on Mar 2, 2019
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