Unit 7 – Factor Income Determination
Topic 04 unemployment
Clicker Quiz. Approximately what percentage of U.S. workers were union members in 2010? a)6% b)12% c)22% d)34% 1.
CRC Microeconomics1. 10/22/2014CRC Microeconomics2 What did you study last time? what is meant by an oligopoly? what is meant by a duopoly? how.
Managerial Economics 2
Ch. 8: Factor Market. Derive demand §The demand for any factor of production is a derived demand since it is derived from the demand for the product it.
MBMC Workers, Wages, and Unemployment in the Modern Economy.
MBMC Labor Markets, Poverty, and Income Distribution Labor Markets, Poverty, and Income Distribution.
INTERACTIVE FIGURES PART 6 Demand and Supply in Factor Markets CHAPTER 18 HOW INCOMES ARE DETERMINED.
Factors of Production. Remember? 1.Land 2.Labor 3.Physical capital 4.Human capital What is capital? The value of the assets that are used by a firm in.
PART 6
Labor. Chapter Outline ©2015 McGraw-Hill Education. All Rights Reserved. 2 The Perfectly Competitive Firm ’ s Short-Run Demand for Labor The Perfectly.
