'Wage taker' presentation slideshows

The Demand and Supply of Factors of Production

807 views • 65 slides

Ch 28 Wage Determination

Ch 28 Wage Determination. Most important price you will encounter in your lifetime will be your hourly wage rate It is critical to determining your economic well-being. Wage Determination.

520 views • 20 slides

Labor Market Equilibrium

Labor Market Equilibrium. Overview. In this section we want to explore what happens in a competitive labor market. Plus we will look at an application of this type of labor market. Single competitive labor market.

345 views • 16 slides

Microeconomics

2002. Microeconomics. Question 1. P. D. Q. Claire invented product X and obtained a patent to prevent other firms from producing X. She is currently producing product X and earning positive economic profits.

307 views • 6 slides