Labor Markets: Crash Course #28

Last updated over 5 years ago
8 questions
1

What is voluntary exchange?

1

What is derived demand?

1

How are wage discrimination and monopsony are related?

1

Why would employers offer higher than normal wages? What is a good example of this in modern history?

1

Why do people join unions?

1

What is the minimum wage and why is it controversial?

1

Should Cristiano make 20 million a year? Could he make more?

1

Do you know anyone who has experienced wage discrimination? If so what happened?