Chapter 13: Micro Flashcards by silence 72 | Brainscape

Q

Backward bending labor supply curve

A

338

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Q

Bilateral monopoly

A

353

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Q

Compensating wage differentials

A

346

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Q

Craft unions

A

351

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Q

Deferred payment contracts

A

350

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Q

Derived demand

A

330

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Q

Fringe benefits

A

327

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Q

Human capital

A

341

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Q

Industrial unions

A

351

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Q

Labor demand

A

330

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Q

Labor market

A

329

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Q

Labor market equilibrium

A

342

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Q

Labor productivity

A

342

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Q

Labor supply

A

330

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Q

Labor unions

A

351

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Q

Marginal product of labor

A

331

Q

Marginal revenue product of labor

A

332

Q

Monopsony

A

353

Q

On-the-job training

A

341

Q

Piece-rate system

A

349

Q

Real wage

A

327

Q

Wage

A

327