What describe the distribution of national salary

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Q. What describe the distribution of national salary among labor and capital in a competitive, profit-maximizing economy with constant returns to scale?

Q. In your opinion, are labor unions more helpful or hurtful to the economy? Explain your answer. While constructing your response, consider both the worker's and the firm's perspective and provide an example.

 

Reference no: EM1354203

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What describe the distribution of national salary : What describe the distribution of national salary among labor and capital in a competitive, profit-maximizing economy with constant returns to scale.
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