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Unformatted text preview: The Firm Wage j1 j2 0.001 .002 .004 Annual prob. of injury j1 : a “iso profit curve” indicates the trade off between waes and injury at the same profit j2: is an iso profit curve at higher profit...
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This note was uploaded on 09/28/2008 for the course ILRLE 2400 taught by Professor Smithr during the Spring '07 term at Cornell University (Engineering School).
- Spring '07