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Micro 5.2-Labor Market Formulas and Proofs

Last updated 8 months ago

6 Nsɛmmisa

4

4

4

4

4

4

Asemmisa {{asɛmmisaAhyɛnsode}}

1.

Mmuae Afoforo a Wobɛpaw:

∆ Qlabor

DL

MR

MPP

Asemmisa {{asɛmmisaAhyɛnsode}}

2.

Mmuae Afoforo a Wobɛpaw:

∆TPP

MPP

MR

P

Asemmisa {{asɛmmisaAhyɛnsode}}

3.

Mmuae Afoforo a Wobɛpaw:

perfectly competitive

∆

MRP

VMP

Asemmisa {{asɛmmisaAhyɛnsode}}

4.

Mmuae Afoforo a Wobɛpaw:

∆Qo

∆TR

∆TR / ∆ Qlabor

∆TPP

Asemmisa {{asɛmmisaAhyɛnsode}}

5.

Mmuae Afoforo a Wobɛpaw:

∆TC

w

w*∆ Qlabor

∆ Qlabor

Asemmisa {{asɛmmisaAhyɛnsode}}

6.

Mmuae Afoforo a Wobɛpaw:

resource cost

∆ Qlabor

MRC

∆TVC