Abstract

2. Employer Rents 428 3. Productivity Increases Associated with Employee Organization 431 B. Employer Responses to Union Wage Demands....... 434 1. The Employer Demand Curve Response ......... 434 2. The Employer Bargaining Response 436 C. The Costs of Collective Bargaining . ...... 440 1. The Costs of Collective Bargaining as Ordinary Transaction Costs 440

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