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Author Question: When economists assume perfect markets for labour they are NOT assuming (Read 374 times)

panfilo

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on: May 25, 2020

Question 1

When economists assume perfect markets for labour they are NOT assuming
◦ freedom of entry into all labour markets.
◦ workers and employers are price-takers.
◦ a minimum wage.
◦ workers are all alike.

Question 2

When economists assume perfect markets for labour they are NOT assuming
◦ freedom of entry into all labour markets.
◦ perfect knowledge by workers and employers.
◦ rational behaviour by workers and employers.
◦ equity.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by panfilo on May 25, 2020

chjcharjto14

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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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blabla234

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Reply #2 on: Mar 29, 2021
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