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Author Question: Under perfect competition wage rates are NOT affected by (Read 56 times)

DyllonKazuo

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on: May 25, 2020

Question 1

Even if labour markets were perfectly competitive, income would be unequally distributed because
◦ some people have more property.
◦ some people have more power.
◦ some people are more intelligent.
◦ all of the above.

Question 2

Under perfect competition wage rates are NOT affected by
◦ how unpleasant a particular job is.
◦ agreements between employers and trade unions.
◦ workers willingness to sacrifice leisure for money.
◦ how hard people work.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by DyllonKazuo on May 25, 2020

Expo

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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DyllonKazuo

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

Mochi

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Reply 3 on: Yesterday
Excellent

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