Determine the length of strike and percentage wage increase

Reference no: EM131144071

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

Reference no: EM131144071

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