Markets factors production

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Chapter 18-19

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Markets factors production

  1. 1. 18<br />The Markets for the Factors of Production<br />
  2. 2. Figure 1a The Versatility of Supply and Demand<br />
  3. 3. Figure 1b The Versatility of Supply and Demand<br />
  4. 4. Table 1 How the Competitive Firm Decides How Much Labor to Hire<br />Copyright©2004 South-Western<br />
  5. 5. Figure 2 The Production Function<br />
  6. 6. Figure 3 The Value of the Marginal Product of Labor<br />
  7. 7. Figure 4 Equilibrium in a Labor Market<br />
  8. 8. Figure 5 A Shift in Labor Supply<br />
  9. 9. Figure 6 A Shift in Labor Demand<br />
  10. 10. Table 2 Productivity and Wage Growth in the United States.<br />Copyright©2004 South-Western<br />
  11. 11. Figure 7a The Markets for Land and Capital<br />
  12. 12. Figure 7b The Markets for Land and Capital<br />

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