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April 28, 2015

Homework Help: Economics

Posted by Anonymous on Friday, November 6, 2009 at 9:39pm.

Suppose that the objective of a union is to maximize the total dues paid to the union by its membership. Explain the union strategy, in terms of the wage level and employment level, under the following two scenarios.
a)Union dues are a percentage of total earnings of the union membership.
b)Union dues are paid as a flat amount per union member employed.

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