- Be able to explain Derived Demand
|
|
- Wage Determination in a Monopsonistic Labor
Market (vis. 4.6)
|
|
|
|
- Effects of Unions on Wages
|
|
|
|
- Demand Curve & MRP for labor are the same curve
|
- Be able to determine how much of a resource
will be hired: perfect competitor in perfectly
competitive resource market (vis. 4.3)
(activity #44)
|
|
|
- Be able to determine how much of a resource
will be hired: imperfect competitor in perfectly
competitive resource market (vis.4.4)
|
|
- Economic Profit & Normal Profit
|
- Wage Determination in a Competitive Labor
Market (vis.4.5)
(activity #48)
|
|
- Nominal Interest Rate & Real Interest Rate
|