Chapter 19 Input Markets and the Origins of Class Conflict.

20
Chapter 19 Input Markets and the Origins of Class Conflict

Transcript of Chapter 19 Input Markets and the Origins of Class Conflict.

Page 1: Chapter 19 Input Markets and the Origins of Class Conflict.

Chapter 19

Input Markets and theOrigins of Class Conflict

Page 2: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 2

Figure 19.1 Deriving the Marginal Physical Product of Labor

Page 3: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 3

Figure 19.2 The Marginal Revenue Product Curve

Page 4: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 4

Figure 19.3 A Firm’s Decision about Hiring Labor

Page 5: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 5

Figure 19.4 The Demand for Labor

Page 6: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 6

Figure 19.5 Deriving the Market Demand for Labor

Page 7: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 7

Figure 19.6 The Labor Supply Curve for an Individual Worker

Page 8: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 8

Figure 19.7 Deriving the Market Supply Curve for Labor

Page 9: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 9

Figure 19.8 Determining the Equilibrium Market Wage

Page 10: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 10

Figure 19.9 The Conflict over the Surplus in a Firm

Page 11: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 11

Figure 19.10 The Decision to Save

Page 12: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 12

Figure 19.11 Deriving the Supply Curve for Loanable Funds

Page 13: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 13

Figure 19.12 The Supply of Loanable Funds

Page 14: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 14

Figure 19.13 The Demand for Loanable Funds by a Firm

Page 15: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 15

Figure 19.14 The Market Demand Curve for Loanable Funds

Page 16: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 16

Figure 19.15 The Market for Loanable Funds

Page 17: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 17

Figure 19.16 The Market Determination of Rent

Page 18: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 18

Figure 19.17 A Monopsonistic Labor Market

Page 19: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 19

Figure 19.18 A Bilateral Monopoly

Page 20: Chapter 19 Input Markets and the Origins of Class Conflict.

Copyright © 2001 Addison Wesley Longman

Slide 19- 20

Figure 19.19 The Alternating Offer Sequential Bargaining Game