Wages Flashcards
1
Q
Market forces can determine wages in a Labour Market
A
page 112 top bit
2
Q
Point 2: examples lawyers
A
page 112
3
Q
Point 2: examples office cleaners
A
page 112
4
Q
In a Perfectly Competitive Labour Market firms are Price Takers
A
page 113
5
Q
A Monopsony Labour Market is an example of an Imperfect Market
A
page 113
