THE PRICE LEVEL
'47=IOO AND EMPLOYEE COSTS PER UNIT OF OUTPUT
'10 ' 20 ' 30 '40 ·5o '60 ' 70
"There is no free lunch"
o u may think your union leaders can get you something for
nothing, but they can't. The chart proves it. The more the wage
cost of a product, the more the price of that product has to be.
But workers can get more wages without paying it all back 10
higher cost of living . . . prodttce as efficiently as possible and so...