Chapter 15
Economics for Labor Markets
생산 요소
Production involves the creation of physical products such as cars, televisions, and pens or intangible products such as education, travel, and cleaning ...
노동력 수요: 기업
For a firm, demand for a factor of production, such as labor, is the number of employees it seeks to hire during a given time period for a particular ...
기업의 노동 수요를 극대화하는 경쟁력 있는 이윤: 가정(Freedoms)
A few assumptions are made to analyze the demand for labor by a firm.
Consider a firm operating a mango orchard. The firm is assumed to be ...
노동의 한계생산물 I
The marginal product of labor, or MP_L, is the additional output that results from adding one more unit of labor, holding all other inputs constant.
For ...
노동의 한계생산물 II
The marginal product of labor or MP_L is calculated as the quotient of change in the quantity of output to change in the quantity of labor while keeping ...
노동의 한계생산물과 노동수요의 가치
The marginal product of labor or MP_L shows the additional units of the product manufactured by hiring another unit of labor while keeping other inputs ...
경쟁력 있는 기업의 노동력 고용 결정
For a competitive firm, such as a mango orchard, the value of the marginal product curve or VMPL is the labor-demand curve.
This firm faces a ...
노동에 대한 시장의 수요
In a perfectly competitive labor market, numerous firms or employers demand services of labor. Workers are paid wages for the services that they offer to ...
노동의 시장 공급
Labor is a unique factor of production. While labor is demanded by firms, it is supplied by individuals living in households.
The market supply curve of ...
노동 시장의 균형
In a competitive labor market, where numerous firms buy labor services, and many workers sell them, the equilibrium wage rate is set by labor demand and ...
노동 수요의 변화 I
The market demand curve for labor is downward sloping. It reflects the value of the marginal product of labor.
When the price of the product changes, it ...
노동 수요의 변화 II
Technological changes can shift the market demand curve for labor. If the new technology complements labor productivity, the demand for labor will shift ...
노동 공급의 변화
A rightward shift in the supply curve for the labor market shows an increase in the labor supply. This means that more workers are willing to work at each ...
균형에 미치는 영향: 노동 공급의 변화
A shift in the market supply of labor affects the equilibrium wage in the labor market.
Consider a perfectly competitive labor market where agriculturists ...
균형에 미치는 영향: 노동 수요의 변화
The market demand curve for labor also reflects the value of the marginal product of labor or VMPL. So, something that changes the VMPL, such as an ...
일과 여가의 상충 관계
In economics, time usually has two uses. People either work or spend time on leisure.
People earn wages by working. These wages are the income used to ...
후진 굽힘 노동 공급
The labor supply curve of an individual shows the relation between wage rate and the quantity of labor supplied measured in hours worked.
The reservation ...
생산의 다른 요소들
Apart from labor, there are two other important factors of production for which the firm wants to determine the optimum level to be used. These are land ...
이퀄리브리엄 임대료: 토지 시장
The landowners supply land, and producers rent it.
For example, farmers rent land to grow corn.
When landowners charge higher rent, the quantity of land ...
균형 지대(Equilibrium Rent): 자본 시장
Capital is used to produce goods and services. For an orchard, capital includes heavy machines such as tractors and simple equipment such as ladders and ...
생산 요소 간의 연계
Factors of production are interlinked.
For example, a natural calamity that leads to the loss of human lives decreases the market supply of labor. This ...
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