Income and Substitution Effects of a Wage Increase

Graphical and algebraic demonstration of Income and Substitution effects on an individual's labor supply due to a wage increase in a labor market.

 

Marsh

 
Materialtyp
Aktivität
Tags
economics  income  indifference  labor  neoclassical  substitution  supply  utility  wages 
Zielgruppe (Alter)
19+
Sprache
English (United States)
 
 
GeoGebra Version
4.0
Ansichten
2807
Kontaktiere Autor des Materials
 
 
© 2026 International GeoGebra Institute