The Brain Surgeons' Brotherhood faces an own-wage elasticity of demand for their labor that equals - 0.1. The Dog Catchers' International faces an ownwage elasticity of demand for their labor that equals - 3.0. Suppose that leaders in both unions push for a 20 percent wage increase but have no power to set employment levels directly. Why might members of the Dog Catchers' International be more wary of the targeted wage increase?
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