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Author Question: Under perfect competition wage rates are NOT affected by (Read 90 times)

DyllonKazuo

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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.


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Marked as best answer by DyllonKazuo on May 25, 2020

Expo

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DyllonKazuo

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Reply 2 on: May 25, 2020
Excellent


xiaomengxian

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Reply 3 on: Yesterday
Gracias!

 

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