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The labour market

This class was created by Brainscape user Elizabeth Akidi. Visit their profile to learn more about the creator.

By: Elizabeth Akidi
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Decks in this class (7)

The demand for labour, marginal productivity theory
Define marginal physical product,
Define marginal revenue,
Define marginal revenue product
20  cards
Influences upon the supply of labour to different markets
State why the labour supply curve...,
Define elastic labour supply,
Define inelastic labour supply
17  cards
The determination of relative wage rates and levels of employment in perfectly competitive labour markets
State where the labour market equ...,
When the quantity supplies is gre...,
When the qd is greater than qs wh...
3  cards
The determination of relative wage rates and levels of employment in imperfectly competitive labour markets
State 3 factors that contribute t...,
Define monopsony,
How can monopsony s use their power
8  cards
The Influence of trade unions in determining wages and levels of employment
0  cards
The National Minimum Wage
0  cards
Discrimination in the labour market
0  cards

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The labour market

  • Class purpose General learning

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