Suppose that the employer concession schedule is w1002s and, Econometrics

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Suppose that the employer concession schedule is w1002s and

suppose that the employer concession SCHEDULE IS W=1+0.02S and the union resistance curve is W=5+0.02s-0.01S2, where=percentge wage increase and S=expected strike length in days, Using Hick's simplest model, determine the length of the strike and percentage wage increse

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Econometrics: Suppose that the employer concession schedule is w1002s and

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Econometrics: Suppose that the employer concession schedule is w1002s and

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