Th3.5: Wage Determination: Flashcards

1
Q

What are the four different types we will be looking at regarding how they determine wages?

A

perfect competition
monopsony in the labour market
monopoly in the labour market
bilateral monopoly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Well done keep going!

A

thanks mum

How well did you know this?
1
Not at all
2
3
4
5
Perfectly