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    labor demand curve

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    Suppose the labor demand curve of the firm is

    W= 20 - 0.01 E

    where w is the hourly wage and E is the level of employment. The Union's utility function is

    U= WE

    What wage would a monopoly union demand? How many workers would be employed under the union contract?

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    https://brainmass.com/economics/utility-demand/labor-demand-curve-157144

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    W = 20 - 0.01E, where W is the hourly wage and E is the level of ...

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    The labor demand curve is featured.

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