問題詳情

三,填空题:個體經濟部分,共四題,每題2.5分
 1.There are two local labor markets in a society. Either market has no union. In equilibrium, hourly wagefor both markets is $9 and the employment for market 1 and market 2 are 125 and 75, respectively. Ifworkers in market 1 unionize instead, the wage in market 1 becomes $12 by negotiation and 25workers go out of work (the employment becomes 100). In market 2, labor increases by 25 workersfrom market 1 (the employment becomes 100) and the wage decreases to $6. Given the informationabove, the net welfare loss to society will be__________.

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